Appraisal Solutions, LLC - Durango is your FHA certified appraisal company
The FHA publishes a list of approved appraisers for each state - Appraisal Solutions, LLC - Durango is on the roster of approved appraisers for CO. Appraisal Solutions, LLC - Durango is certified and approved to do reports for FHA insured financial transactions. A portion of the ongoing training our staff at Appraisal Solutions, LLC - Durango completes deals precisely with decoding the FHA's documentation and their rules and procedures.
Be sure to contact Appraisal Solutions, LLC - Durango if you need an appraisal done for an FHA-secured loan.
If your house loan is FHA certified, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the finances; the FHA simply insures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Available to all homebuyers, FHA loan programs are designed to help 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 extremely helpful to consumers with less starting income.