Need an appraisal for an FHA-backed mortgage? Call THE FRISBY COMPANY REALTORS & APPRAISERSThe FHA publishes a list of approved appraisers for each state - THE FRISBY COMPANY REALTORS & APPRAISERS is on the roster of approved appraisers for TN. This indicates that we are certified and approved by the FHA to do appraisals for house loans underwritten by them. Part of the regular training our staff at THE FRISBY COMPANY REALTORS & APPRAISERS undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. 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 financial transaction is an FHA-secured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Available to all homebuyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not meet requirements 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. Those with lower income or less starting money to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs. |