The Residential Appraiser is ready for your FHA appraisalsThe FHA keeps a roster of approved appraisers for each state - The Residential Appraiser is on the roster of approved appraisers for CO. If you have an FHA-loan, be sure to call The Residential Appraiser, as we are approved and certified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at The Residential Appraiser is well-trained on how to follow the rules and regulations provided. Be sure to contact The Residential Appraiser if you need an appraisal done for an FHA-secured loan. If your loan is FHA approved, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to benefit low-to-moderate income consumers help meet credit qualifications 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. Those with lesser income or less starting capital to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs. |