Need an appraisal for an FHA-backed mortgage? Call RWA AppraisalsThe FHA retains of approved appraisers for each state - RWA Appraisals is on the roster of approved appraisers for WA. We are qualified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at RWA Appraisals is well-trained on how to work in accordance with the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is insured by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to benefit low-to-moderate income homebuyers help meet credit expectations if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are incredibly useful to consumers with less starting income. |