Need an appraisal for an FHA-backed mortgage? Call Accurate Appraisals

The FHA maintains of approved appraisers for each state - Accurate Appraisals is on the roster of approved appraisers for CO. If you have an FHA-loan, be sure to call Accurate Appraisals, as we are approved and qualified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Accurate Appraisals is well-trained on how to comply with the rules and regulations provided.

If your home loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting capital to put down on a mortgage are helped the most from FHA loan programs.