Need an appraisal for an FHA-backed mortgage? Call Bradley S. Davis

The FHA keeps a roster of approved appraisers for each state - Bradley S. Davis is on the roster of approved appraisers for WA. We're qualified and approved to do reports for FHA secured loans. A portion of the regular training our staff at Bradley S. Davis completes deals strictly with comprehending the FHA's documentation and their rules and procedures.

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 within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting money to use as a down-payment on a loan benefit the most from FHA loan programs.