Need an appraisal for an FHA-backed mortgage? Call Glendon HensleyThe FHA publishes a list of approved appraisers for each state - Glendon Hensley is on the roster of approved appraisers for VA. This means that we are qualified and approved by the FHA to do reports for home loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Glendon Hensley is well-trained on how to comply with the rules and regulations provided. Be sure to contact Glendon Hensley if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply backs the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those consumers with less accessible funding. |