Need an appraisal for an FHA-backed mortgage? Call John Burns Appraisal ServicesThe FHA keeps a roster of approved appraisers for each state - John Burns Appraisal Services is on the roster of approved appraisers for MN. John Burns Appraisal Services is certified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at John Burns Appraisal Services is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact John Burns Appraisal Services if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA certified, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower doesn't pay their loan. Applicable to all homebuyers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are exceedingly helpful to purchasers with less starting income. |