Need an appraisal for an FHA-backed mortgage? Call Brown Appraisal ServicesRest assured that Brown Appraisal Services is an FHA-certified appraisal company in TN. Brown Appraisal Services is qualified and approved to do appraisal reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Brown Appraisal Services if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization 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 loan is insured in case the borrower doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and requirements for lending organizations that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting funds to put down on a loan are assisted the most from Federal Housing Administration loan programs. |