The FHA maintains a list of approved appraisers for each state - Viewpoint Appraisal Services LLC is on the roster of approved appraisers for Arizona.
If you have an FHA-insured mortgage, be sure to hire Viewpoint Appraisal Services LLC, as we are approved and certified to handle FHA appraisals.
FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Viewpoint Appraisal Services LLC is well-trained on how to comply with the rules and regulations provided.
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 company provides all the money in the loan - the FHA simply secures the loan with mortgage insurance in case the borrower defaults on his or her loan.
Accessible to all homebuyers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Remember, the FHA deviates from the VA appraiser panel in that the lender can select the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are extremely beneficial to those purchasers with less available funding.