Need an appraisal for an FHA-backed mortgage? Call ASAP Appraisal Services, Inc.
The FHA maintains of approved appraisers for each state - ASAP Appraisal Services, Inc. is on the roster of approved appraisers for Az. If you have an FHA-loan, be sure to get with ASAP Appraisal Services, Inc., as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at ASAP Appraisal Services, Inc. is well-trained on how to comply with the rules and regulations provided.
Be sure to contact ASAP Appraisal Services, Inc. if you need an appraisal done for an FHA-secured loan.
An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Available to all purchasers, FHA loan programs are designed to aid 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. FHA loan programs are extremely helpful to those purchasers with less accumulated starting capital.