Need an appraisal for an FHA-backed mortgage? Call Thomas Appraisal CompanyThe FHA maintains of approved appraisers for each state - Thomas Appraisal Company is on the roster of approved appraisers for OH. If you have an FHA-mortgage, be sure to call Thomas Appraisal Company, as we are approved and certified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Thomas Appraisal Company is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Thomas Appraisal Company 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 loan is an FHA-secured loan, it means it is secured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower doesn't pay their 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. FHA loan programs are particularly useful to those homebuyers with less available starting capital. |