Need an appraisal for an FHA-backed mortgage? Call Quast Appraisal ServicesThe FHA maintains of approved appraisers for each state - Quast Appraisal Services is on the roster of approved appraisers for AR. If you have an FHA-secured mortgage, be sure to get with Quast Appraisal Services, as we are approved and qualified to handle FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Quast Appraisal Services if you need an appraisal done for an FHA-secured loan. If your property loan is FHA certified, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company provides 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. Applicable to all homebuyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting capital to put down on a financial transaction are assisted the most from FHA loan programs. |