Need an appraisal for an FHA-backed mortgage? Call HK Bentley, APPRAISERS

Rest assured that HK Bentley, APPRAISERS is an FHA-certified appraisal practice in VA. We're certified and approved to do appraisal reports for FHA secured loans. A portion of the regular training our staff at HK Bentley, APPRAISERS receives deals precisely with understanding the FHA's documentation and their rules and procedures.

An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). 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. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and necessities for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting money to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.