Birchwood & Leaf AppraisalsWe are happy to say that Birchwood & Leaf Appraisals is an FHA-approved appraisal company in MN. If you have an FHA-secured mortgage, be sure to get with Birchwood & Leaf Appraisals, as we are approved and qualified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Birchwood & Leaf Appraisals is well-trained on how to work in accordance with the rules and regulations provided. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA insured, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply backs the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Applicable to all purchasers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. 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 extremely helpful to those homebuyers with less accumulated funding. |