Phoenix Appraisal Services, LLC (480) 560-4886 can do FHA appraisalsThe FHA maintains of approved appraisers for each state - Phoenix Appraisal Services, LLC (480) 560-4886 is on the roster of approved appraisers for AZ. This means that we are qualified and approved by the FHA to do appraisals for house loans backed by them. Part of the periodic training our staff at Phoenix Appraisal Services, LLC (480) 560-4886 receives deals precisely with decoding the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply secures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income consumers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and requirements for lending agencies that 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 offers are exceedingly helpful to purchasers with less starting capital. |