Need an appraisal for an FHA-backed mortgage? Call Associated Appraisers of North IdahoThe FHA publishes a list of approved appraisers for each state - Associated Appraisers of North Idaho is on the roster of approved appraisers for Idaho. If you have an FHA-secured mortgage, be sure to contact Associated Appraisers of North Idaho, as we are approved and qualified to produce FHA appraisal reports. Part of the periodic training our staff at Associated Appraisers of North Idaho receives deals precisely with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal 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 agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is insured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those buyers with less accessible funding. |