Appraise Colorado Inc can do FHA appraisals

We are happy to say that Appraise Colorado Inc is an FHA-approved appraisal practice in CO. We're qualified and approved to do appraisals for FHA secured loans. A portion of the ongoing training our staff at Appraise Colorado Inc undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures.

If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.

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 loan is an FHA loan, it means it is backed by them. The FHA does not loan capital to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and qualifications for lending agencies that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lesser income or less starting capital to put down on a loan benefit the most from Federal Housing Administration loan programs.