AM Appraisal is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - AM Appraisal is on the roster of approved appraisers for PR. If you have an FHA-secured mortgage, be sure to call AM Appraisal, as we are approved and qualified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA certified, 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 lending organization takes care of all the money in the loan; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all consumers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are particularly useful to those buyers with less accumulated starting capital. |