Need an appraisal for an FHA-backed mortgage? Call Accurate Valuation LLC

Rest assured that Accurate Valuation LLC is an FHA-approved appraisal practice in CO. If you have an FHA-insured loan, be sure to contact Accurate Valuation LLC, as we are approved and qualified to handle FHA reports. Part of the ongoing training our staff at Accurate Valuation LLC undergoes deals precisely with decoding the FHA's documentation and their rules and procedures.

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. The FHA does not loan money to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Applicable to all purchasers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

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 extremely useful to buyers with less starting income.