Need an appraisal for an FHA-backed mortgage? Call Ann C. Robinson AppraisalsRest assured that Ann C. Robinson Appraisals is an FHA-approved appraisal firm in KY. This means that we are certified and approved by the FHA to do reports for property loans underwritten by them. A portion of the periodic training our staff at Ann C. Robinson Appraisals undergoes deals precisely with understanding the FHA's documentation and their rules and procedures. Be sure to contact Ann C. Robinson Appraisals if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income consumers 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. FHA loan programs are incredibly helpful to those homebuyers with less available cash. |