We are happy to say that The Jones Company Appraisers, L.L.C. is an FHA-approved appraisal company in Kansas.
The Jones Company Appraisers, L.L.C. is certified and approved to do appraisals for FHA secured loans.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your property loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD).
The lending organization provides all the loaned money - the FHA simply secures the loan with mortgage insurance in case the borrower defaults on his or her loan.
Applicable to all purchasers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Remember, the FHA is different from the VA appraiser panel in that the lender can pick the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
Those with lower incomes or less starting capital to use as a down-payment on a financial transaction are helped the most from FHA loan programs.
