Need an appraisal for an FHA-backed mortgage? Call Allied Appraisal ServicesAllied Appraisal Services is IN state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisals for FHA insured loans. Part of the continuing training our staff at Allied Appraisal Services receives deals strictly with comprehending the FHA's documentation and their rules and procedures. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. If your property loan is FHA insured, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and qualifications for lending organizations that 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 homebuyers with less accessible starting capital. |