Need an appraisal for an FHA-backed mortgage? Call Cornerstone Appraisal Group, LLCThe FHA publishes a list of approved appraisers for each state - Cornerstone Appraisal Group, LLC is on the roster of approved appraisers for MO. This means that we are qualified and approved by the FHA to do appraisal reports for property loans insured by them. Part of the continuing training our staff at Cornerstone Appraisal Group, LLC undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Cornerstone Appraisal Group, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all homebuyers, FHA loan programs are formed to aid 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. FHA loan programs are incredibly helpful to those homebuyers with less accumulated funding. |