B & B Appraisal ServiceWe assure you that B & B Appraisal Service is an FHA-approved appraisal practice in NE. If you have an FHA-secured loan, be sure to contact B & B Appraisal Service, as we are approved and certified to handle FHA reports. A certain amount of the ongoing training our staff at B & B Appraisal Service completes deals exclusively with understanding 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 house loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply backs the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Available to all homebuyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly beneficial to those buyers with less accumulated starting capital. |