Scott Kimble can do FHA workScott Kimble is NY state certified and on the FHA Roster of approved residential appraisers. Scott Kimble is certified and approved to do reports for FHA insured loans. Part of the periodic training our staff at Scott Kimble receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Accessible to all buyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not have the qualifications 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. The loan programs that the FHA offers are incredibly helpful to purchasers with less starting income. |