![]() Need an appraisal for an FHA-backed mortgage? Call NorthStar Realty ServicesWe assure you that NorthStar Realty Services is an FHA-certified appraisal firm in MN. If you have an FHA-mortgage, be sure to get with NorthStar Realty Services, as we are approved and certified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the money in the loan; the FHA simply secures the transaction through mortgage insurance in case the borrower defaults on his or her loan. Applicable to all purchasers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly beneficial to those homebuyers with less accessible funding. |