Hughes Appraisal Group is available for your FHA mortgagesThe FHA retains of approved appraisers for each state - Hughes Appraisal Group is on the roster of approved appraisers for AZ. If you have an FHA-loan, be sure to get with Hughes Appraisal Group, as we are approved and certified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Hughes Appraisal Group is well-trained on how to comply with the rules and regulations provided. Be sure to contact Hughes Appraisal Group 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 loan is an FHA-insured loan, it means it is insured by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and necessities for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are extremely beneficial to buyers with less starting capital. |