We confidently state that Hillman Appraisal Services is an FHA-certified appraisal firm in Arizona.
If you have an FHA-mortgage, be sure to call Hillman Appraisal Services, as we are approved and certified to handle FHA reports.
FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Hillman Appraisal Services is well-trained on how to comply with the rules and regulations provided.
If your house loan is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD).
No part of the loan is provided by the FHA. What the FHA does is ensure that the loan is insured in case the borrower doesn't pay their loan.
The FHA and their loan programs are created to help low-to-moderate income consumers by easing credit requirements.
Remember, the FHA is different from the VA appraiser panel in that the lending agency can choose the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
Buyers with lesser incomes or less starting money to put down on a mortgage benefit the most from FHA loan programs.
