FHA Appraisals
The FHA publishes a list of approved appraisers for each state - Phoenix Valuations, LLC is on the roster of approved appraisers for Arizona. We are qualified and approved to do appraisal reports for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Need an appraisal for an FHA-backed mortgage? Call Phoenix Valuations, LLC
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 financial transaction is an FHA loan, it means it is secured by them. The lending organization takes care of all the money in the loan; the FHA simply insures the transaction through 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 point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending agencies that they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those consumers with less accessible cash.
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Phoenix Valuations, LLC can help if you need an appraisal for the purposes of a divorce or other separation of assets.