Need an appraisal for an FHA-backed mortgage? Call Northern Arizona Appraisal, Inc.

Rest assured that Northern Arizona Appraisal, Inc. is an FHA-certified appraisal firm in AZ. Northern Arizona Appraisal, Inc. is certified and approved to do reports for FHA insured financial transactions. Part of the ongoing training our staff at Northern Arizona Appraisal, Inc. receives deals strictly with understanding the FHA's documentation and their rules and procedures.

Be sure to contact Northern Arizona Appraisal, Inc. if you need an appraisal done for an FHA-secured loan.

If your financial transaction is FHA certified, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers 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 qualifications for lenders that 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 consumers with less starting capital.