Need an appraisal for an FHA-backed mortgage? Call Appraisal Affiliates

Appraisal Affiliates is OH state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to get with Appraisal Affiliates, as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Appraisal Affiliates is well-trained on how to follow the rules and regulations provided.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to benefit low-to-moderate income purchasers help meet credit requirements if 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 beneficial to those purchasers with less accumulated starting capital.