![]() Need an appraisal for an FHA-backed mortgage? Call Acura Valuation, Inc.Acura Valuation, Inc. is MI 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 house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Acura Valuation, Inc. is well-trained on how to follow 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 guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender provides all the money in the loan; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan. Accessible to all buyers, FHA loan programs are designed 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. FHA loan programs are incredibly beneficial to those homebuyers with less accumulated starting capital. |