Martell & Associates is your FHA certified appraisal companyMartell & Associates is AZ state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to contact Martell & Associates, as we are approved and certified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender provides all the money in the loan; the FHA simply backs the loan through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and necessities for lenders that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA offers are exceedingly useful to buyers with less starting income. |