Enslen Appraisal Services can do FHA mortgagesThe FHA maintains of approved appraisers for each state - Enslen Appraisal Services is on the roster of approved appraisers for CO. This means that we are certified and approved by the FHA to do appraisal reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Enslen Appraisal Services is well-trained on how to follow the rules and regulations provided. Be sure to contact Enslen Appraisal Services if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Available to all purchasers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those purchasers with less available funding. |