Genesis Appraisal Group is approved for FHA loansThe FHA keeps a roster of approved appraisers for each state - Genesis Appraisal Group is on the roster of approved appraisers for OR. If you have an FHA-insured loan, be sure to call Genesis Appraisal Group, as we are approved and qualified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Genesis Appraisal Group is well-trained on how to follow 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 financial transaction is FHA approved, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all buyers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting money to use as a down-payment on a mortgage benefit the most from FHA loan programs. |