West Valley Appraisal Services can do FHA backed loans

West Valley Appraisal Services is AZ state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to get with West Valley Appraisal Services, as we are approved and qualified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at West Valley Appraisal Services is well-trained on how to work in accordance with the rules and regulations provided.

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.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are excessively beneficial to consumers with less starting income.