Need an appraisal for an FHA-backed mortgage? Call Todd ChristensenRest assured that Todd Christensen is an FHA-certified appraisal firm in CO. This means that we are qualified and approved by the FHA to do appraisal reports for home loans insured by them. A portion of the ongoing training our staff at Todd Christensen completes deals precisely with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. The FHA does not provide funds to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are created to benefit low-to-moderate income buyers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA provides are incredibly helpful to purchasers with less starting income. |