Need an appraisal for an FHA-backed mortgage? Call Az-Tech Appraisals

Az-Tech Appraisals is AZ state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisal reports for house loans underwritten by them. A portion of the periodic training our staff at Az-Tech Appraisals completes deals precisely with understanding the FHA's documentation and their rules and procedures.

If your property loan is FHA certified, that means that it has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization provides all the loaned money; the FHA simply backs the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Available to all purchasers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser income or less starting capital to use as a down-payment on a loan are assisted the most from FHA loan programs.