is Washington state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-loan, be sure to get with Kent & Associates Appraisal, as we are approved and qualified to produce FHA appraisals.
FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Kent & Associates Appraisal is well-trained on how to follow the rules and regulations provided.
An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD).
No part of the loan is provided by the FHA. What the FHA does is see to it that the mortgage is insured in case the borrower doesn't pay their loan.
Low-income and moderate-income consumers benefit the most from FHA-insured loan programs. The purpose of the Federal Housing Administration is to assist credit-worthy consumers get approved for mortgages that they otherwise would not.
Unlike the VA appraiser panel, the lending organization working with FHA has the ability to select the appraiser.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
The loan programs that the Federal Housing Administration provides are lifesavers to purchasers with less starting income.
