NCW Appraisal is your FHA certified appraisal companyRest assured that NCW Appraisal is an FHA-approved appraisal company in WA. If you have an FHA-insured loan, be sure to contact NCW Appraisal, as we are approved and qualified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at NCW Appraisal is well-trained on how to follow the rules and regulations provided. Be sure to contact NCW Appraisal if you need an appraisal done for an FHA-secured loan. 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 financial transaction is an FHA-insured loan, it means it is backed by them. The lending organization takes care of all the money in the loan; the FHA simply secures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to help low-to-moderate income purchasers 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. The loan programs that the FHA offers are exceedingly beneficial to consumers with less starting income. |