VanderWaal Appraisal GroupVanderWaal Appraisal Group is Washington state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do appraisals for FHA insured loans. A portion of the regular training our staff at VanderWaal Appraisal Group receives deals strictly with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your home loan is FHA approved, that means that it has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with safety through mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all consumers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. 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 extremely beneficial to those buyers with less accumulated funding. |