Need an appraisal for an FHA-backed mortgage? Call Smart Appraisals

The FHA maintains of approved appraisers for each state - Smart Appraisals is on the roster of approved appraisers for . This indicates that we are certified and approved by the FHA to do appraisals for house loans backed by them. A certain amount of the continuing training our staff at Smart Appraisals undergoes deals precisely with decoding the FHA's documentation and their rules and procedures.

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

An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower income or less starting capital to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs.