Jennifer Galloway AppraisalsJennifer Galloway Appraisals is KY state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to call Jennifer Galloway Appraisals, as we are approved and qualified to produce FHA appraisal reports. A portion of the ongoing training our staff at Jennifer Galloway Appraisals completes deals precisely with comprehending the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction 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 does not pay off his or her loan. The FHA and their loan programs are built to benefit low-to-moderate income buyers help meet credit expectations 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 extremely helpful to those homebuyers with less accessible funding. |