TCB Appraisal is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - TCB Appraisal is on the roster of approved appraisers for WI. This means that we are qualified and approved by the FHA to do appraisal reports for house loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured 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 underwritten by them. The FHA does not loan funds to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are designed to help low-to-moderate income purchasers help meet credit expectations if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those consumers with less accessible funding. |