Need an appraisal for an FHA-backed mortgage? Call Turner Appraisal CompanyThe FHA retains of approved appraisers for each state - Turner Appraisal Company is on the roster of approved appraisers for OH. This indicates that we are certified and approved by the FHA to do appraisal reports for house loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Turner Appraisal Company if you need an appraisal done for an FHA-secured loan. If your home loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending organization provides all the loaned money; the FHA simply backs the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all buyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lesser income or less starting money to put down on a mortgage benefit the most from FHA loan programs. |