Need an appraisal for an FHA-backed mortgage? Call APPRAZE.COMWe confidently state that APPRAZE.COM is an FHA-certified appraisal firm in AZ. This means that we are certified and approved by the FHA to do reports for house loans underwritten by them. Part of the continuing training our staff at APPRAZE.COM receives deals strictly with decoding the FHA's documentation and their rules and procedures. Be sure to contact APPRAZE.COM if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten 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 finances; the FHA simply backs the loan through mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are made 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. Those with lesser income or less starting money to use as a down-payment on a mortgage benefit the most from FHA loan programs. |