Sizemore AppraisalsWe assure you that Sizemore Appraisals is an FHA-approved appraisal practice in KY. This indicates that we are certified and approved by the FHA to do reports for property loans insured by them. A certain amount of the continuing training our staff at Sizemore Appraisals receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the money in the loan; the FHA simply secures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income buyers help meet credit qualifications if 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 incredibly useful to buyers with less starting income. |