Need an appraisal for an FHA-backed mortgage? Call Shane BarlowWe are happy to say that Shane Barlow is an FHA-certified appraisal service in MA. If you have an FHA-secured loan, be sure to contact Shane Barlow, as we are approved and qualified to perform FHA appraisals. A certain amount of the regular training our staff at Shane Barlow receives deals precisely with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Shane Barlow if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is underwritten by them. The FHA does not provide funds to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and requirements for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are incredibly useful to consumers with less starting income. |