Need an appraisal for an FHA-backed mortgage? Call Accurate Appraisals of KC

Rest assured that Accurate Appraisals of KC is an FHA-certified appraisal company in KS. We're qualified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Accurate Appraisals of KC is well-trained on how to work in accordance with the rules and regulations provided.

If your home loan is FHA approved, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all buyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are extremely beneficial to buyers with less starting income.