Wade Valuation Services is approved for FHA appraisalsWade Valuation Services is NV state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to get with Wade Valuation Services, as we are approved and qualified to produce FHA appraisals. A certain amount of the continuing training our staff at Wade Valuation Services undergoes deals strictly with comprehending 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. 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 insured by them. The lending company provides all the loaned money; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on 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. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lesser income or less starting capital to use as a down-payment on a financial transaction are helped the most from FHA loan programs. |