![]() Need an appraisal for an FHA-backed mortgage? Call Appraisers Associated, LTD.We assure you that Appraisers Associated, LTD. is an FHA-approved appraisal practice in MS. If you have an FHA-loan, be sure to hire Appraisers Associated, LTD., as we are approved and qualified to perform FHA reports. Part of the ongoing training our staff at Appraisers Associated, LTD. completes deals precisely with decoding the FHA's documentation and their rules and procedures. Be sure to contact Appraisers Associated, LTD. if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and qualifications for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are acutely useful to consumers with less starting income. |