Need an appraisal for an FHA-backed mortgage? Call Gillick Realty Co.

Rest assured that Gillick Realty Co. is an FHA-approved appraisal company in MO. We're qualified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Gillick Realty Co. is well-trained on how to work in accordance with the rules and regulations provided.

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

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 financial transaction is an FHA-secured loan, it means it is backed by them. The lending organization provides all the finances; the FHA simply insures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to help low-to-moderate income homebuyers help meet credit expectations 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 provides are exceedingly beneficial to consumers with less starting income.