Need an appraisal for an FHA-backed mortgage? Call Norris-Thomas Appraisal Service

Rest assured that Norris-Thomas Appraisal Service is an FHA-approved appraisal practice in WI. If you have an FHA-mortgage, be sure to hire Norris-Thomas Appraisal Service, as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Norris-Thomas Appraisal Service is well-trained on how to comply with the rules and regulations provided.

Be sure to contact Norris-Thomas Appraisal Service if you need an appraisal done for an FHA-secured loan.

An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the loan is secure in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to assist low-to-moderate income homebuyers help meet credit expectations if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are incredibly helpful to buyers with less starting income.