Need an appraisal for an FHA-backed mortgage? Call Appraisal Service

Appraisal Service is KS state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisals for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Appraisal Service is well-trained on how to comply with the rules and regulations provided.

If your loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income consumers help meet credit expectations if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those purchasers with less available funding.