Need an appraisal for an FHA-backed mortgage? Call Dennis Badger & AssociatesThe FHA keeps a roster of approved appraisers for each state - Dennis Badger & Associates is on the roster of approved appraisers for KY. Dennis Badger & Associates is qualified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Dennis Badger & Associates is well-trained on how to comply with the rules and regulations provided. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to benefit low-to-moderate income buyers help meet credit qualifications 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 particularly beneficial to those consumers with less accumulated funding. |