Need an appraisal for an FHA-backed mortgage? Call TriCounty Appraisal

The FHA retains of approved appraisers for each state - TriCounty Appraisal is on the roster of approved appraisers for WI. If you have an FHA-loan, be sure to call TriCounty Appraisal, as we are approved and qualified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your property loan is FHA insured, 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). The lending company provides all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and requirements for lending organizations that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are incredibly helpful to those buyers with less available cash.