America''s Appraisal CompanyWe confidently state that America''s Appraisal Company is an FHA-approved appraisal provider in CO. This means that we are certified and approved by the FHA to do appraisal reports for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at America''s Appraisal Company is well-trained on how to follow the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all homebuyers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting funds to use as a down-payment on a loan are assisted the most from FHA loan programs. |