Need an appraisal for an FHA-backed mortgage? Call John Miller Appraisal CompanyThe FHA keeps a roster of approved appraisers for each state - John Miller Appraisal Company is on the roster of approved appraisers for MI. If you have an FHA-mortgage, be sure to hire John Miller Appraisal Company, as we are approved and certified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact John Miller Appraisal Company if you need an appraisal done for an FHA-secured loan. If your loan is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower defaults on his or her financial obligations. Available to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lesser income or less starting funds to use as a down-payment on a financial transaction are helped the most from Federal Housing Administration loan programs. |