Need an appraisal for an FHA-backed mortgage? Call RWA Appraisals
RWA Appraisals is WA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to contact RWA Appraisals, as we are approved and qualified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact RWA Appraisals if you need an appraisal done for an FHA-secured loan.
If your home loan is FHA insured, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. Accessible to all consumers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications 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 FHA provides are incredibly useful to buyers with less starting capital.