We assure you that Metro Appraisers & Consultants is an FHA-approved appraisal company in Nebraska.
If you have an FHA-insured loan, be sure to get with Metro Appraisers & Consultants, as we are approved and certified to produce FHA appraisal reports.
Part of the continuing training our staff at Metro Appraisers & Consultants receives deals exclusively with decoding the FHA's documentation and their rules and procedures.
An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD).
None of the money in the loan is provided by the FHA. What the FHA does is ensure that the loan is paid for in case the borrower defaults on his or her loan obligations.
Low-income and moderate-income consumers benefit the most from FHA-backed loan programs. The point of the Federal Housing Administration is to assist credit-worthy buyers get approved for mortgages that they otherwise would not.
Different from the VA appraiser panel, the lending organization working with FHA has the freedom to select the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
The loan programs that the FHA offers are lifesavers to consumers with less starting capital.