Scott Appraisal LLCScott Appraisal LLC is WI state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to hire Scott Appraisal LLC, as we are approved and qualified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Scott Appraisal LLC is well-trained on how to comply with the rules and regulations provided. Be sure to contact Scott Appraisal LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply secures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Accessible to all purchasers, FHA loan programs are made to assist 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. FHA loan programs are particularly beneficial to those homebuyers with less available starting capital. |