Need an appraisal for an FHA-backed mortgage? Call Cascade AppraisalThe FHA keeps a roster of approved appraisers for each state - Cascade Appraisal is on the roster of approved appraisers for WA. If you have an FHA-secured mortgage, be sure to contact Cascade Appraisal, as we are approved and qualified to produce FHA reports. A portion of the continuing training our staff at Cascade Appraisal completes deals precisely with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. 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 financial transaction is an FHA-insured loan, it means it is underwritten by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all consumers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lower income or less starting funds to put down on a financial transaction are helped the most from FHA loan programs. |