Advantage Appraisal Services, LLC is your FHA certified appraisal company
Rest assured that Advantage Appraisal Services, LLC is an FHA-certified appraisal company in ID. If you have an FHA-secured loan, be sure to hire Advantage Appraisal Services, LLC, as we are approved and qualified to perform FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Advantage Appraisal Services, LLC is well-trained on how to work in accordance with the rules and regulations provided.
If you need 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 agency within the U.S. 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 insured in case the borrower defaults on his or her loan obligations. Available to all consumers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting money to use as a down-payment on a mortgage benefit the most from FHA loan programs.