WV COALFIELD APPRAISALS, INC.

WV COALFIELD APPRAISALS, INC. is WV state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisals for FHA secured loans. A portion of the regular training our staff at WV COALFIELD APPRAISALS, INC. completes deals precisely with decoding the FHA's documentation and their rules and procedures.

Be sure to contact WV COALFIELD APPRAISALS, INC. if you need an appraisal done for an FHA-secured loan.

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 loan is an FHA loan, it means it is backed by them. The FHA does not loan capital to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those purchasers with less accumulated funding.