Need an appraisal for an FHA-backed mortgage? Call Appraisal One LLCWe are happy to say that Appraisal One LLC is an FHA-approved appraisal service in AZ. Appraisal One LLC is certified and approved to do reports for FHA secured financial transactions. A certain amount of the periodic training our staff at Appraisal One LLC undergoes deals exclusively with decoding 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. An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the loaned money; the FHA simply secures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are built to benefit low-to-moderate income consumers help meet credit expectations if 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. FHA loan programs are extremely useful to those consumers with less available starting capital. |