B. Russell Valuation, LLC is ready for your FHA backed loansRest assured that B. Russell Valuation, LLC is an FHA-certified appraisal practice in MN. We are qualified and approved to do appraisal reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at B. Russell Valuation, LLC is well-trained on how to comply with the rules and regulations provided. Be sure to contact B. Russell Valuation, LLC 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). The lender provides all the loaned money; the FHA simply backs the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all consumers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly helpful to those homebuyers with less available starting capital. |