Williams Appraisal Co. is approved for FHA mortgagesThe FHA retains of approved appraisers for each state - Williams Appraisal Co. is on the roster of approved appraisers for AZ. This means that we are certified and approved by the FHA to do appraisal reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Williams Appraisal Co. is well-trained on how to follow the rules and regulations provided. Be sure to contact Williams Appraisal Co. if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization 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. The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are formed to assist 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. Buyers with lower income or less starting money to use as a down-payment on a mortgage are assisted the most from FHA loan programs. |