Need an appraisal for an FHA-backed mortgage? Call All Aboard Appraisals, Inc.

The FHA retains of approved appraisers for each state - All Aboard Appraisals, Inc. is on the roster of approved appraisers for VA. This indicates that we are certified and approved by the FHA to do appraisals for property loans underwritten by them. A portion of the periodic training our staff at All Aboard Appraisals, Inc. receives deals exclusively with decoding the FHA's documentation and their rules and procedures.

Be sure to contact All Aboard Appraisals, Inc. if you need an appraisal done for an FHA-secured loan.

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 FHA does not provide funds to borrowers, rather, it provides lenders with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and necessities 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 incredibly useful to those buyers with less accumulated funding.