Kelli Hand Appraisal Company, LLC is available for your FHA appraisalsKelli Hand Appraisal Company, LLC is MO state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do reports for house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Kelli Hand Appraisal Company, LLC is well-trained on how to comply with the rules and regulations provided. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the loan is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and requirements for lenders that they otherwise would not. 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 mortgage are helped the most from Federal Housing Administration loan programs. |