Need an appraisal for an FHA-backed mortgage? Call Hesselman Appraisals, Inc.

The FHA retains of approved appraisers for each state - Hesselman Appraisals, Inc. is on the roster of approved appraisers for IA. This indicates that we are certified and approved by the FHA to do reports for property loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Hesselman Appraisals, Inc. if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA insured, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all purchasers, FHA loan programs are built 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. Buyers with lesser income or less starting funds to use as a down-payment on a loan are helped the most from Federal Housing Administration loan programs.