Need an appraisal for an FHA-backed mortgage? Call Graham Appraisal
Graham Appraisal is KY state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to call Graham Appraisal, as we are approved and certified to handle FHA appraisals. A portion of the regular training our staff at Graham Appraisal receives deals strictly with decoding the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower doesn't pay their loan. Available to all buyers, FHA loan programs are designed to aid 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 helpful to those purchasers with less available cash.