Need an appraisal for an FHA-backed mortgage? Call Yukon AppraisalYukon Appraisal is WA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to get with Yukon Appraisal, as we are approved and certified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Yukon Appraisal is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Yukon Appraisal if you need an appraisal done for an FHA-secured 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 financial transaction is an FHA-secured loan, it means it is backed by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications for lenders that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting funds to put down on a financial transaction benefit the most from FHA loan programs. |