Need an appraisal for an FHA-backed mortgage? Call Accuquick AppraisalThe FHA retains of approved appraisers for each state - Accuquick Appraisal is on the roster of approved appraisers for OR. We are certified and approved to do reports for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Accuquick Appraisal if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and necessities for lending agencies that 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 acutely useful to consumers with less starting income. |