Need an appraisal for an FHA-backed mortgage? Call Sanders Appraisal Services

Rest assured that Sanders Appraisal Services is an FHA-approved appraisal company in CO. We are qualified and approved to do appraisals for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your home loan is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lender takes care of all the loaned money; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to benefit low-to-moderate income homebuyers help meet credit expectations if 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. FHA loan programs are incredibly beneficial to those consumers with less accumulated starting capital.