Need an appraisal for an FHA-backed mortgage? Call Kevin BurkeThe FHA publishes a list of approved appraisers for each state - Kevin Burke is on the roster of approved appraisers for CO. Kevin Burke is qualified and approved to do appraisal reports for FHA insured financial transactions. A portion of the periodic training our staff at Kevin Burke undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your loan is FHA approved, that means that it has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply backs the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income consumers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and requirements for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are extremely useful to purchasers with less starting capital. |