Need an appraisal for an FHA-backed mortgage? Call Timeline Appraisal Services, LLC
The FHA keeps a roster of approved appraisers for each state - Timeline Appraisal Services, LLC is on the roster of approved appraisers for AZ. We're qualified and approved to do reports for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact Timeline Appraisal Services, LLC if you need an appraisal done for an FHA-secured loan.
If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the money in 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 built to help low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are acutely helpful to consumers with less starting income.