Need an appraisal for an FHA-backed mortgage? Call Reynolds & Kline Appraisal, Inc.

Reynolds & Kline Appraisal, Inc. is WA state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do appraisal reports for FHA insured financial transactions. A certain amount of the continuing training our staff at Reynolds & Kline Appraisal, Inc. completes deals exclusively with decoding the FHA's documentation and their rules and procedures.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. None of the money in the loan is 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. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely useful to those consumers with less available cash.