Elevation Appraisal is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - Elevation Appraisal is on the roster of approved appraisers for MT. Elevation Appraisal is certified and approved to do reports for FHA secured financial transactions. A certain amount of the ongoing training our staff at Elevation Appraisal completes deals exclusively with decoding the FHA's documentation and their rules and procedures. If you need an appraisal 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 organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is insured by them. The lending organization provides all the finances; the FHA simply secures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Available to all homebuyers, FHA loan programs are designed 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. FHA loan programs are incredibly useful to those homebuyers with less accessible starting capital. |