Need an appraisal for an FHA-backed mortgage? Call Timeline Appraisal Services, LLC
The FHA publishes a list of approved appraisers for each state - Timeline Appraisal Services, LLC is on the roster of approved appraisers for AZ. This indicates that we are certified and approved by the FHA to do appraisals for home loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is backed by them. 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 defaults on his or her loan obligations. The FHA and their loan programs are designed to benefit low-to-moderate income consumers help meet credit expectations if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are excessively beneficial to consumers with less starting capital.