Accurate Valuation LLC
The FHA keeps a roster of approved appraisers for each state - Accurate Valuation LLC is on the roster of approved appraisers for CO. If you have an FHA-mortgage, be sure to contact Accurate Valuation LLC, as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Accurate Valuation LLC is well-trained on how to work in accordance with the rules and regulations provided.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is insured by them. The FHA does not loan funds to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are designed to benefit low-to-moderate income buyers help meet credit qualifications 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. The loan programs that the Federal Housing Administration offers are incredibly helpful to buyers with less starting capital.