Need an appraisal for an FHA-backed mortgage? Call Timeline Appraisal Services, LLC
Timeline Appraisal Services, LLC is AZ state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisals for property loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact Timeline Appraisal Services, LLC if you need an appraisal done for an FHA-secured 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 provide funds to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower does not pay his or her loan obligations. Applicable to all buyers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting funds to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs.