![]() Paul E. Tessier Appraisals is approved for FHA mortgagesWe assure you that Paul E. Tessier Appraisals is an FHA-certified appraisal company in WI. We are certified and approved to do appraisal reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Paul E. Tessier Appraisals is well-trained on how to comply with the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured 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 underwritten by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to help low-to-moderate income buyers help meet credit requirements if 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. The loan programs that the FHA offers are incredibly helpful to consumers with less starting income. |