Need an appraisal for an FHA-backed mortgage? Call Lake Powell Appraisal

The FHA retains of approved appraisers for each state - Lake Powell Appraisal is on the roster of approved appraisers for AZ. If you have an FHA-secured loan, be sure to call Lake Powell Appraisal, as we are approved and qualified to produce FHA appraisal reports. A portion of the periodic training our staff at Lake Powell Appraisal completes deals exclusively with comprehending 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-secured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with security with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to benefit low-to-moderate income purchasers help meet credit requirements if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly useful to those consumers with less accumulated starting capital.