Need an appraisal for an FHA-backed mortgage? Call Christine SchafferThe FHA retains of approved appraisers for each state - Christine Schaffer is on the roster of approved appraisers for WA. If you have an FHA-secured mortgage, be sure to contact Christine Schaffer, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Christine Schaffer is well-trained on how to comply with the rules and regulations provided. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are formed to help low-to-moderate income purchasers help meet credit requirements 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. The loan programs that the Federal Housing Administration offers are incredibly useful to purchasers with less starting income. |