The FHA retains a list of approved appraisers for each state - 4720 Enterprises, Inc. is on the roster of approved appraisers for Colorado.
If you have an FHA-loan, be sure to get with 4720 Enterprises, Inc., as we are approved and certified to produce FHA appraisal reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
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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.
The FHA does not loan funds to borrowers. Rather, it provides lending agencies with security through mortgage insurance in case the borrower defaults on his or her loan obligations.
The FHA and their loan programs are formed to aid low-to-moderate income consumers by easing credit expectations.
Different from the VA appraiser panel, the lending organization working with FHA has the ability to choose the appraiser.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
FHA loan programs are incredibly useful to those purchasers with less available funding.
