The FHA retains a roster of approved appraisers for each state - Accurate Valuation LLC is on the roster of approved appraisers for Colorado.
If you have an FHA-insured loan, be sure to get with Accurate Valuation LLC, as we are approved and certified to handle FHA reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your property loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD).
The lending organization takes care of all the money in the loan - the FHA simply secures the loan through mortgage insurance in case the borrower defaults on his or her loan.
Accessible to all purchasers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Unlike the VA appraiser panel, the lending organization working with FHA has the ability to pick the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are incredibly helpful to those buyers with less accessible starting capital.