FHA loans offer flexibility to borrowers with low credit scores and limited funds for a home down payment. But there’s one area where FHA lenders can’t be flexible: the appraisal. Any property that’s ...
An FHA appraisal confirms that your home will qualify for an FHA loan. It's not an inspection, but the FHA appraiser will check for structural soundness and safety. Some or all of the mortgage lenders ...
FARGO-As soon as she gets into a house, Kathy Berry tests the oven and dishwasher. It's a new part of her checklist as a certified residential appraiser-and that checklist is longer than ever after a ...
The Federal Housing Administration’s investigation into possible appraisal inflations on reverse mortgage loans revealed an issue the agency decided it must address. On Friday, the FHA announced that ...