Need an appraisal for an FHA-backed mortgage? Call Michael Manley Appraisals LLCThe FHA maintains of approved appraisers for each state - Michael Manley Appraisals LLC is on the roster of approved appraisers for CO. This indicates that we are certified and approved by the FHA to do appraisals for home loans insured by them. A portion of the ongoing training our staff at Michael Manley Appraisals LLC completes deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact Michael Manley Appraisals LLC if you need an appraisal done for an FHA-secured loan. If your house loan is FHA approved, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds 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 built 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. FHA loan programs are incredibly helpful to those consumers with less accumulated cash. |