Need an appraisal for an FHA-backed mortgage? Call Barvinek Appraisal ServiceThe FHA maintains of approved appraisers for each state - Barvinek Appraisal Service is on the roster of approved appraisers for IA. If you have an FHA-secured mortgage, be sure to hire Barvinek Appraisal Service, as we are approved and qualified to produce FHA appraisal reports. Part of the regular training our staff at Barvinek Appraisal Service undergoes deals strictly with understanding the FHA's documentation and their rules and procedures. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is backed by them. The FHA does not loan money to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Applicable to all consumers, FHA loan programs are created to help 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 consumers with less accessible starting capital. |