Need an appraisal for an FHA-backed mortgage? Call Benchmark Appraisals Services V, LLCThe FHA maintains of approved appraisers for each state - Benchmark Appraisals Services V, LLC is on the roster of approved appraisers for MO. We are certified and approved to do appraisals for FHA insured loans. A portion of the continuing training our staff at Benchmark Appraisals Services V, LLC completes deals strictly with understanding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all purchasers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements 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 useful to purchasers with less starting income. |