Bridgeport Appraisal, Inc. is approved for FHA mortgagesBridgeport Appraisal, Inc. is OR state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to get with Bridgeport Appraisal, Inc., as we are approved and qualified to produce FHA appraisal reports. A portion of the continuing training our staff at Bridgeport Appraisal, Inc. undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. 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). The lender provides all the loaned money; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Available to all consumers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are acutely beneficial to buyers with less starting income. |