Dean & Associates is approved for FHA loansDean & Associates is MO state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to call Dean & Associates, as we are approved and certified to perform FHA reports. Part of the continuing training our staff at Dean & Associates completes deals strictly with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Dean & Associates if you need an appraisal done for an FHA-secured loan. If your loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending organization provides all the money in the loan; 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 designed to help low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are incredibly helpful to buyers with less starting capital. |