TnT Appraisal MN is approved for FHA backed loans

The FHA keeps a roster of approved appraisers for each state - TnT Appraisal MN is on the roster of approved appraisers for MN. If you have an FHA-mortgage, be sure to call TnT Appraisal MN, 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 TnT Appraisal MN is well-trained on how to follow the rules and regulations provided.

If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower defaults on his or her financial obligations. Accessible to all purchasers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting capital to put down on a financial transaction are helped the most from FHA loan programs.