Need an appraisal for an FHA-backed mortgage? Call Desert Wide Real Estate Appraisers

Rest assured that Desert Wide Real Estate Appraisers is an FHA-approved appraisal firm in AZ. This means that we are qualified and approved by the FHA to do reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Desert Wide Real Estate Appraisers is well-trained on how to comply with the rules and regulations provided.

If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to help low-to-moderate income buyers help meet credit expectations if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are incredibly helpful to buyers with less starting capital.