Sheppard Appraisal Services is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - Sheppard Appraisal Services is on the roster of approved appraisers for AR. This indicates that we are qualified and approved by the FHA to do appraisal reports for house loans insured by them. A certain amount of the regular training our staff at Sheppard Appraisal Services completes deals precisely with decoding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your house loan is FHA approved, that means that it has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lender provides all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Accessible to all consumers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are extremely helpful to consumers with less starting income. |