Need an appraisal for an FHA-backed mortgage? Call Pacific Crest Appraisals LLCThe FHA retains of approved appraisers for each state - Pacific Crest Appraisals LLC is on the roster of approved appraisers for WA. This means that we are certified and approved by the FHA to do appraisal reports for house loans underwritten by them. A portion of the ongoing training our staff at Pacific Crest Appraisals LLC undergoes deals exclusively with understanding the FHA's documentation and their rules and procedures. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. 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 financial transaction is an FHA loan, it means it is secured by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower doesn't pay their loan. Available to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements 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. Purchasers with lower income or less starting funds to put down on a loan benefit the most from FHA loan programs. |