Abernathy Appraisal Service is your FHA certified appraisal companyRest assured that Abernathy Appraisal Service is an FHA-approved appraisal provider in MO. This indicates that we are qualified and approved by the FHA to do appraisals for home loans underwritten 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. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower doesn't pay their loan. Accessible to all homebuyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting capital to put down on a loan benefit the most from Federal Housing Administration loan programs. |