Blouw Appraisal Co. is your FHA certified appraisal companyRest assured that Blouw Appraisal Co. is an FHA-certified appraisal service in MI. This means that we are qualified and approved by the FHA to do reports for property loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Blouw Appraisal Co. if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA certified, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all buyers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are extremely helpful to consumers with less starting capital. |