Need an appraisal for an FHA-backed mortgage? Call CORE Valuations LLC

The FHA retains of approved appraisers for each state - CORE Valuations LLC is on the roster of approved appraisers for CO. If you have an FHA-secured mortgage, be sure to call CORE Valuations LLC, as we are approved and certified to produce FHA appraisals. A certain amount of the regular training our staff at CORE Valuations LLC receives deals precisely with understanding the FHA's documentation and their rules and procedures.

If your property loan is FHA approved, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to assist low-to-moderate income purchasers help meet credit requirements if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting money to use as a down-payment on a mortgage are assisted the most from FHA loan programs.