FHA, USDA and VAOur appraisers at Wild River Appraisals are state certified and on the VA and the FHA Roster of approved residential appraisers. We're certified, approved and experienced in performing appraisals for FHA, USDA and VA insured financial transactions. Guidelines, documentation and policies for these entities may seem difficult to understand, but the staff at Wild River Appraisals is well-trained and experienced on how to follow the rules and regulations. Be sure to contact Wild River Appraisals if you need an appraisal done for a loan secured by FHA, USDA or the VA. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD). If your loan is an FHA-insured loan, it means it is secured by them. The FHA does not loan capital to borrowers, rather, it provides lenders with safety through mortgage insurance in case the borrower does not pay his or her loan obligations. Applicable to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely beneficial to those consumers with less available starting capital. |