Need an appraisal for an FHA-backed mortgage? Call Priority Appraisal Group, LLCThe FHA retains of approved appraisers for each state - Priority Appraisal Group, LLC is on the roster of approved appraisers for MO. This indicates that we are qualified and approved by the FHA to do appraisal reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Priority Appraisal Group, LLC is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Priority Appraisal Group, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all homebuyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting capital to use as a down-payment on a loan benefit the most from FHA loan programs. |