Underwood Appraisal Services, LLC is your FHA certified appraisal companyUnderwood Appraisal Services, LLC is TN state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to hire Underwood Appraisal Services, LLC, as we are approved and certified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Underwood Appraisal Services, LLC is well-trained on how to comply with 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. 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 loan, it means it is backed by them. The lending organization takes care of all the finances; the FHA simply backs the transaction through mortgage insurance in case the borrower defaults on his or her loan. Accessible to all purchasers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting capital to put down on a financial transaction benefit the most from Federal Housing Administration loan programs. |