Need an appraisal for an FHA-backed mortgage? Call Woltermann Appraisal & Real Estate ServiceWe assure you that Woltermann Appraisal & Real Estate Service is an FHA-approved appraisal service in KY. Woltermann Appraisal & Real Estate Service is qualified and approved to do appraisal reports for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Woltermann Appraisal & Real Estate Service if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting capital to put down on a financial transaction are helped the most from Federal Housing Administration loan programs. |