Need an appraisal for an FHA-backed mortgage? Call Metro Appraisals

Metro Appraisals is ID state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisal reports for home loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Metro Appraisals is well-trained on how to work in accordance with the rules and regulations provided.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to aid low-to-moderate income buyers help meet credit expectations if they otherwise would not.

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 accessible funding.