Appraisal Service of Idaho is your FHA certified appraisal companyRest assured that Appraisal Service of Idaho is an FHA-certified appraisal service in ID. This means that we are qualified and approved by the FHA to do appraisal reports for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Appraisal Service of Idaho is well-trained on how to follow the rules and regulations provided. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your house loan is FHA certified, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to benefit low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are exceedingly helpful to consumers with less starting income. |