Need an appraisal for an FHA-backed mortgage? Call (208) 782-0233
The FHA publishes a list of approved appraisers for each state - (208) 782-0233 is on the roster of approved appraisers for Idaho. If you have an FHA-insured loan, be sure to get with (208) 782-0233, as we are approved and certified to perform FHA reports. A certain amount of the periodic training our staff at (208) 782-0233 receives deals strictly with decoding the FHA's documentation and their rules and procedures.
If you're in need of an appraisal report 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 lending organization provides all the finances; the FHA simply insures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to help low-to-moderate income consumers help meet credit expectations if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly useful to those purchasers with less available funding.