Timeline Appraisal Services, LLC
Rest assured that Timeline Appraisal Services, LLC is an FHA-certified appraisal service in AZ. If you have an FHA-insured loan, be sure to call Timeline Appraisal Services, LLC, as we are approved and certified to perform FHA reports. A certain amount of the continuing training our staff at Timeline Appraisal Services, LLC receives deals precisely with understanding the FHA's documentation and their rules and procedures.
Be sure to contact Timeline Appraisal Services, LLC if you need an appraisal done for an FHA-secured loan.
An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lower income or less starting capital to use as a down-payment on a loan benefit the most from Federal Housing Administration loan programs.