Gail Wagner is ready for your FHA mortgagesWe are happy to say that Gail Wagner is an FHA-certified appraisal provider in OH. This means that we are qualified and approved by the FHA to do reports for home loans underwritten by them. A portion of the periodic training our staff at Gail Wagner receives deals precisely with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Gail Wagner if you need an appraisal done for an FHA-secured 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 lending company takes care of all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to help low-to-moderate income purchasers 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. FHA loan programs are particularly helpful to those purchasers with less accessible funding. |