Noel AppraisalsThe FHA publishes a list of approved appraisers for each state - Noel Appraisals is on the roster of approved appraisers for WV. We're qualified and approved to do reports for FHA insured financial transactions. Part of the periodic training our staff at Noel Appraisals undergoes deals exclusively with comprehending 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. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to help low-to-moderate income consumers help meet credit expectations 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 particularly beneficial to those homebuyers with less accessible starting capital. |