Olsen Appraisal dba Pat McCarthy can do FHA mortgagesOlsen Appraisal dba Pat McCarthy is WA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to call Olsen Appraisal dba Pat McCarthy, as we are approved and qualified to perform FHA appraisals. Part of the ongoing training our staff at Olsen Appraisal dba Pat McCarthy receives deals precisely with decoding the FHA's documentation and their rules and procedures. Be sure to contact Olsen Appraisal dba Pat McCarthy if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower doesn't pay their loan. Applicable to all buyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications 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. Those with lesser income or less starting money to use as a down-payment on a financial transaction are helped the most from FHA loan programs. |