West Valley Appraisal Services is approved for FHA workWest Valley Appraisal Services is AZ state certified and on the FHA Roster of approved residential appraisers. West Valley Appraisal Services is qualified and approved to do appraisals for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending organization provides all the money in the loan; the FHA simply insures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Applicable to all buyers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. 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 particularly useful to those homebuyers with less accessible funding. |