Midwest Valuation, L.L.C. is your FHA certified appraisal companyRest assured that Midwest Valuation, L.L.C. is an FHA-certified appraisal provider in MN. We're qualified and approved to do reports for FHA secured loans. Part of the regular training our staff at Midwest Valuation, L.L.C. completes deals strictly with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Midwest Valuation, L.L.C. if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Available to all buyers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. 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 excessively helpful to consumers with less starting income. |