Quality Appraisers & Consulting Service can do FHA work

The FHA retains of approved appraisers for each state - Quality Appraisers & Consulting Service is on the roster of approved appraisers for NE. We're qualified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Quality Appraisers & Consulting Service is well-trained on how to follow the rules and regulations provided.

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 underwritten by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower defaults on his or her financial obligations. Accessible to all purchasers, FHA loan programs are designed 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 FHA offers are acutely beneficial to purchasers with less starting capital.