Need an appraisal for an FHA-backed mortgage? Call A & B Tax ServiceA & B Tax Service is WI state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to get with A & B Tax Service, as we are approved and qualified to perform FHA reports. A certain amount of the continuing training our staff at A & B Tax Service undergoes deals precisely with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. The lending company provides all the finances; the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and necessities for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lower income or less starting capital to use as a down-payment on a financial transaction are helped the most from Federal Housing Administration loan programs. |