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 qualified and approved by the FHA to do reports for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Timeline Appraisal Services, LLC is well-trained on how to comply with the rules and regulations provided.
If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.
If your house loan is FHA approved, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with safety by offering mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to assist low-to-moderate income buyers help meet credit qualifications 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. Buyers with lesser income or less starting money to use as a down-payment on a loan benefit the most from Federal Housing Administration loan programs.