Need an appraisal for an FHA-backed mortgage? Call Milwaukee Appraisal Co./Stowe AppraisalsThe FHA keeps a roster of approved appraisers for each state - Milwaukee Appraisal Co./Stowe Appraisals is on the roster of approved appraisers for WI. If you have an FHA-secured mortgage, be sure to get with Milwaukee Appraisal Co./Stowe Appraisals, as we are approved and certified to produce FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. 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 financial transaction is an FHA-insured loan, it means it is underwritten by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower defaults on his or her financial obligations. Accessible to all purchasers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting money to use as a down-payment on a loan are assisted the most from Federal Housing Administration loan programs. |