Need an appraisal for an FHA-backed mortgage? Call Appraisal Partners LLC

We are happy to say that Appraisal Partners LLC is an FHA-certified appraisal company in AL. If you have an FHA-secured mortgage, be sure to call Appraisal Partners LLC, as we are approved and qualified to handle FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and requirements for lending organizations that 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 offers are extremely beneficial to buyers with less starting capital.