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Need an appraisal for an FHA-backed mortgage? Call Martinsen Appraisal

Martinsen Appraisal is NE state certified and on the FHA Roster of approved residential appraisers. Martinsen Appraisal is certified and approved to do reports for FHA insured loans. Part of the periodic training our staff at Martinsen Appraisal receives deals precisely with comprehending the FHA's documentation and their rules and procedures.

Be sure to contact Martinsen Appraisal if you need an appraisal done for an FHA-secured loan.

If your property loan is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and necessities for lenders that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting funds to put down on a loan benefit the most from FHA loan programs.