Need an appraisal for an FHA-backed mortgage? Call

The FHA keeps a roster of approved appraisers for each state - is on the roster of approved appraisers for . This means that we are certified and approved by the FHA to do appraisals for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at is well-trained on how to work in accordance with the rules and regulations provided.

If your property loan is FHA insured, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender takes care of all the money in the loan; the FHA simply backs the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and requirements for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting money to use as a down-payment on a financial transaction are helped the most from FHA loan programs.