Stammer Appraisal Inc. is your FHA certified appraisal companyStammer Appraisal Inc. is WI state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do reports for FHA secured financial transactions. A portion of the ongoing training our staff at Stammer Appraisal Inc. receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. 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-secured loan, it means it is backed by them. None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. Accessible to all purchasers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting funds to use as a down-payment on a mortgage benefit the most from Federal Housing Administration loan programs. |