Strobbe & Co. is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - Strobbe & Co. is on the roster of approved appraisers for AR. This means that we are certified and approved by the FHA to do reports for house loans backed by them. Part of the continuing training our staff at Strobbe & Co. receives deals strictly with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are created to help low-to-moderate income buyers help meet credit expectations if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are exceedingly useful to buyers with less starting income. |