Need an appraisal for an FHA-backed mortgage? Call MaxAppraisals, LLCMaxAppraisals, LLC is VA state certified and on the FHA Roster of approved residential appraisers. MaxAppraisals, LLC is certified and approved to do appraisal reports for FHA insured financial transactions. Part of the regular training our staff at MaxAppraisals, LLC receives deals strictly with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your house loan is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and requirements for lending organizations that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting money to use as a down-payment on a loan are assisted the most from FHA loan programs. |