Need an appraisal for an FHA-backed mortgage? Call Midvalley Appraisal ServicesRest assured that Midvalley Appraisal Services is an FHA-certified appraisal firm in UT. If you have an FHA-insured loan, be sure to get with Midvalley Appraisal Services, as we are approved and certified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Midvalley Appraisal Services if you need an appraisal done for an FHA-secured 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 loan is an FHA-insured loan, it means it is backed by them. None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is taken care of in case the borrower doesn't pay their loan. Applicable to all consumers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting capital to put down on a mortgage are helped the most from FHA loan programs. |