Spencer's Appraisal Services, LLP is your FHA certified appraisal companySpencer's Appraisal Services, LLP is WA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to call Spencer's Appraisal Services, LLP, as we are approved and certified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Spencer's Appraisal Services, LLP 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. If your house loan is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower doesn't pay their loan. The FHA and their loan programs are created to help low-to-moderate income homebuyers help meet credit requirements 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. Purchasers with lower income or less starting capital to put down on a financial transaction benefit the most from FHA loan programs. |