Need an appraisal for an FHA-backed mortgage? Call Platinum Appraisal CoThe FHA maintains of approved appraisers for each state - Platinum Appraisal Co is on the roster of approved appraisers for KY. If you have an FHA-mortgage, be sure to contact Platinum Appraisal Co, as we are approved and qualified to produce FHA appraisal reports. Part of the regular training our staff at Platinum Appraisal Co receives deals exclusively with decoding 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 secured 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 funds to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to benefit low-to-moderate income buyers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly beneficial to those consumers with less available starting capital. |