Need an appraisal for an FHA-backed mortgage? Call Aaron K. Meeks & AssociatesThe FHA retains of approved appraisers for each state - Aaron K. Meeks & Associates is on the roster of approved appraisers for NV. This indicates that we are qualified and approved by the FHA to do appraisal reports for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Aaron K. Meeks & Associates is well-trained on how to follow the rules and regulations provided. Be sure to contact Aaron K. Meeks & Associates if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and qualifications for lending agencies that 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. Buyers with lesser income or less starting funds to use as a down-payment on a financial transaction are assisted the most from FHA loan programs. |