Need an appraisal for an FHA-backed mortgage? Call Childress and AssociatesThe FHA publishes a list of approved appraisers for each state - Childress and Associates is on the roster of approved appraisers for AZ. We're qualified and approved to do appraisals for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Childress and Associates is well-trained on how to follow the rules and regulations provided. Be sure to contact Childress and Associates 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 insured by them. The FHA does not loan capital to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower does not pay his or her financial obligations. Available to all consumers, FHA loan programs are created to help 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. FHA loan programs are incredibly beneficial to those buyers with less accessible starting capital. |