Need an appraisal for an FHA-backed mortgage? Call Accurate Valuation LLC
Rest assured that Accurate Valuation LLC is an FHA-certified appraisal provider in CO. Accurate Valuation LLC is certified and approved to do appraisal reports for FHA secured loans. Part of the regular training our staff at Accurate Valuation LLC completes deals precisely with understanding the FHA's documentation and their rules and procedures.
Be sure to contact Accurate Valuation LLC if you need an appraisal done for an FHA-secured 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 secured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. Applicable to all buyers, FHA loan programs are formed 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. Consumers with lesser income or less starting money to put down on a loan benefit the most from Federal Housing Administration loan programs.