Need an appraisal for an FHA-backed mortgage? Call Associates in Appraising,Inc.

The FHA keeps a roster of approved appraisers for each state - Associates in Appraising,Inc. is on the roster of approved appraisers for KY. If you have an FHA-insured loan, be sure to call Associates in Appraising,Inc., as we are approved and qualified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Associates in Appraising,Inc. is well-trained on how to follow the rules and regulations provided.

If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

If your loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income borrowers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and qualifications for lenders that 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 FHA provides are extremely useful to purchasers with less starting capital.