Need an appraisal for an FHA-backed mortgage? Call Presidio ValuationsThe FHA maintains of approved appraisers for each state - Presidio Valuations is on the roster of approved appraisers for AZ. This indicates that we are qualified and approved by the FHA to do appraisal reports for house loans underwritten by them. Part of the ongoing training our staff at Presidio Valuations completes 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. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is secured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those purchasers with less available funding. |