Need an appraisal for an FHA-backed mortgage? Call Forte Appraisal Service, Inc.
The FHA publishes a list of approved appraisers for each state - Forte Appraisal Service, Inc. is on the roster of approved appraisers for VA. Forte Appraisal Service, Inc. is certified and approved to do reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Forte Appraisal Service, Inc. is well-trained on how to work in accordance with the rules and regulations provided.
Be sure to contact Forte Appraisal Service, Inc. 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 underwritten by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all consumers, FHA loan programs are created to assist 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 extremely beneficial to those homebuyers with less accumulated starting capital.