Need an appraisal for an FHA-backed mortgage? Call MAC Appraisal CompanyRest assured that MAC Appraisal Company is an FHA-certified appraisal provider in MO. MAC Appraisal Company is certified and approved to do appraisal reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at MAC Appraisal Company is well-trained on how to comply with the rules and regulations provided. Be sure to contact MAC 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-insured loan, it means it is backed by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to benefit low-to-moderate income purchasers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those purchasers with less available starting capital. |