![]() Need an appraisal for an FHA-backed mortgage? Call Genesis Appraisal, Inc.Genesis Appraisal, Inc. is MN state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisal reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Genesis Appraisal, Inc. is well-trained on how to comply with the rules and regulations provided. Be sure to contact Genesis Appraisal, Inc. if you need an appraisal done for an FHA-secured loan. If your loan is FHA insured, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income consumers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly helpful to those buyers with less available cash. |