Need an appraisal for an FHA-backed mortgage? Call Sutherland Realty CompanySutherland Realty Company is KY state certified and on the FHA Roster of approved residential appraisers. This means that we are qualified and approved by the FHA to do reports for house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Sutherland Realty Company is well-trained on how to comply with the rules and regulations provided. Be sure to contact Sutherland Realty Company 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 takes care of all the loaned money; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Available to all purchasers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are excessively helpful to consumers with less starting income. |