The FHA maintains a roster of approved appraisers for each state - Miller Pipher Inc is on the roster of approved appraisers for Arizona.
If you have an FHA-mortgage, be sure to hire Miller Pipher Inc, as we are approved and qualified to handle FHA 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 report 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 organization in the United States Department of Housing and Urban Development (HUD); if your loan is an FHA-secured loan, it means it is backed by them.
The FHA does not loan funds to borrowers. Rather, it provides lending organizations with protection with mortgage insurance in case the borrower defaults on his or her loan obligations.
Low-income and moderate-income borrowers benefit the most from FHA-insured loan programs. The purpose of the Federal Housing Administration is to help credit-worthy families and individuals get approved for mortgages that they otherwise would not.
Remember, the FHA deviates from the VA appraiser panel in that the lender can pick the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are particularly beneficial to those homebuyers with less accumulated funding.
