Need an appraisal for an FHA-backed mortgage? Call East Tennessee Real Estate and AppraisalThe FHA keeps a roster of approved appraisers for each state - East Tennessee Real Estate and Appraisal is on the roster of approved appraisers for TN. If you have an FHA-insured mortgage, be sure to call East Tennessee Real Estate and Appraisal, as we are approved and certified to perform FHA appraisals. A certain amount of the regular training our staff at East Tennessee Real Estate and Appraisal undergoes deals precisely with decoding the FHA's documentation and their rules and procedures. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction is FHA approved, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to assist low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are incredibly useful to those consumers with less accumulated cash. |