Rest assured that Arizona Premier Appraisers is an FHA-certified appraisal practice in Arizona.
We are certified and approved to do reports for FHA secured loans.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
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An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD).
No part of the loan is provided by the FHA. What the FHA does is make sure that the loan is secure in case the borrower doesn't pay their loan.
The FHA and their loan programs are designed to benefit low-to-moderate income consumers by easing credit expectations.
Unlike the VA appraiser panel, the lender working with FHA has the ability to select the appraiser.
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 particularly helpful to those homebuyers with less available cash.
