Need an appraisal for an FHA-backed mortgage? Call Ticon AppraisalRest assured that Ticon Appraisal is an FHA-approved appraisal service in AZ. Ticon Appraisal is qualified and approved to do appraisals for FHA secured loans. A portion of the periodic training our staff at Ticon Appraisal completes deals exclusively with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Ticon Appraisal 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 financial transaction is an FHA loan, it means it is underwritten by them. The lending organization provides all the loaned money; the FHA simply backs the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to aid low-to-moderate income consumers 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. FHA loan programs are incredibly useful to those purchasers with less available starting capital. |