Need an appraisal for an FHA-backed mortgage? Call Pahlen Realty, Inc.

Pahlen Realty, Inc. is MN state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do reports for FHA secured loans. Part of the periodic training our staff at Pahlen Realty, Inc. undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower does not pay his or her financial 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.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are extremely useful to purchasers with less starting capital.