Need an appraisal for an FHA-backed mortgage? Call Academy Appraisals, Ltd.

The FHA publishes a list of approved appraisers for each state - Academy Appraisals, Ltd. is on the roster of approved appraisers for CO. If you have an FHA-insured mortgage, be sure to get with Academy Appraisals, Ltd. , as we are approved and qualified to produce FHA appraisal reports. A certain amount of the ongoing training our staff at Academy Appraisals, Ltd. completes deals precisely with comprehending the FHA's documentation and their rules and procedures.

Be sure to contact Academy Appraisals, Ltd. if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the money in the loan; the FHA simply secures the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to assist low-to-moderate income consumers help meet credit requirements if 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. FHA loan programs are extremely helpful to those consumers with less accessible starting capital.