The FHA maintains a list of approved appraisers for each state - Rodgers Appraisal is on the roster of approved appraisers for Utah.
Rodgers Appraisal is certified and approved to do appraisals for FHA insured financial transactions.
FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Rodgers Appraisal is well-trained on how to comply with the rules and regulations provided.
If your financial transaction is FHA certified, that means that it has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD).
The lending company provides all the funds being borrowed - the FHA simply secures the loan with mortgage insurance in case the borrower defaults on his or her loan.
The FHA and their loan programs are formed to benefit low-to-moderate income homebuyers by easing credit qualifications.
Remember, the FHA deviates from the VA appraiser panel in that the lender can choose the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
Purchasers with lesser incomes or less starting money to put down on a loan are assisted the most from Federal Housing Administration loan programs.
