Need an appraisal for an FHA-backed mortgage? Call Arkansas AppraisalsThe FHA retains of approved appraisers for each state - Arkansas Appraisals is on the roster of approved appraisers for AR. If you have an FHA-secured loan, be sure to contact Arkansas Appraisals, as we are approved and certified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Arkansas Appraisals is well-trained on how to comply with the rules and regulations provided. Be sure to contact Arkansas Appraisals if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is backed by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to assist low-to-moderate income consumers 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. The loan programs that the Federal Housing Administration provides are acutely helpful to purchasers with less starting capital. |