Need an appraisal for an FHA-backed mortgage? Call Wankier Appraisal & CommunicationsWankier Appraisal & Communications is UT state certified and on the FHA Roster of approved residential appraisers. Wankier Appraisal & Communications is qualified and approved to do appraisals for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Wankier Appraisal & Communications is well-trained on how to comply with the rules and regulations provided. Be sure to contact Wankier Appraisal & Communications 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 loan is an FHA-secured loan, it means it is backed by them. The lending company takes care of all the money in the loan; the FHA simply insures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and necessities for lending agencies that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lesser income or less starting money to put down on a financial transaction are helped the most from Federal Housing Administration loan programs. |