Omisore Real Estate & Appraisals Inc. is available for your FHA mortgagesRest assured that Omisore Real Estate & Appraisals Inc. is an FHA-certified appraisal service in VA. Omisore Real Estate & Appraisals Inc. is certified and approved to do appraisal reports for FHA secured loans. A portion of the ongoing training our staff at Omisore Real Estate & Appraisals Inc. completes deals strictly 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 backed 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 provide funds to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income consumers help meet credit expectations if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lower income or less starting capital to put down on a loan are assisted the most from FHA loan programs. |