Need an appraisal for an FHA-backed mortgage? Call Lincoln Appraisal Group

The FHA publishes a list of approved appraisers for each state - Lincoln Appraisal Group is on the roster of approved appraisers for NE. This indicates that we are qualified and approved by the FHA to do appraisals for home loans backed by them. A portion of the periodic training our staff at Lincoln Appraisal Group completes deals precisely with understanding the FHA's documentation and their rules and procedures.

An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the loaned money; the FHA simply backs the transaction with mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

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 extremely helpful to those buyers with less accumulated funding.