Advantage Appraisal Services, LLC can do FHA mortgages
We assure you that Advantage Appraisal Services, LLC is an FHA-certified appraisal firm in ID. Advantage Appraisal Services, LLC is certified and approved to do reports for FHA secured loans. A certain amount of the regular training our staff at Advantage Appraisal Services, LLC undergoes deals strictly with understanding the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your home loan is FHA approved, that means that it has been guaranteed 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 ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are formed to help 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. Purchasers with lesser income or less starting funds to use as a down-payment on a financial transaction benefit the most from FHA loan programs.