Tori Pierson is your FHA certified appraisal companyTori Pierson is MT state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisals for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Tori Pierson is well-trained on how to follow the rules and regulations provided. Be sure to contact Tori Pierson if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower defaults on his or her loan obligations. Accessible to all purchasers, FHA loan programs are made 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. Consumers with lower income or less starting money to use as a down-payment on a mortgage benefit the most from Federal Housing Administration loan programs. |