Need an appraisal for an FHA-backed mortgage? Call Ogden Valley AppraisalsOgden Valley Appraisals is UT state certified and on the FHA Roster of approved residential appraisers. Ogden Valley Appraisals is certified and approved to do appraisal reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Ogden Valley Appraisals is well-trained on how to follow the rules and regulations provided. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is underwritten by them. The lending company provides all the loaned money; the FHA simply secures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income consumers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and requirements for lending organizations that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely helpful to those homebuyers with less accessible cash. |