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

The FHA retains of approved appraisers for each state - Howell Appraisal, Inc. is on the roster of approved appraisers for VA. This indicates that we are qualified and approved by the FHA to do appraisal reports for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Howell Appraisal, Inc. is well-trained on how to work in accordance with the rules and regulations provided.

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

An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the money in the loan; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and qualifications for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are excessively helpful to consumers with less starting income.