TEN RealtyRest assured that TEN Realty is an FHA-certified appraisal provider in OR. If you have an FHA-secured mortgage, be sure to get with TEN Realty, as we are approved and qualified to handle FHA reports. Part of the regular training our staff at TEN Realty completes deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact TEN Realty if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is secured by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are formed to assist low-to-moderate income consumers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those consumers with less accumulated starting capital. |