Need an appraisal for an FHA-backed mortgage? Call Rocky Mountain Appraisal Group, LLCRest assured that Rocky Mountain Appraisal Group, LLC is an FHA-certified appraisal firm in UT. This indicates that we are certified and approved by the FHA to do appraisal reports for house loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to assist low-to-moderate income buyers 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. FHA loan programs are incredibly helpful to those purchasers with less accumulated cash. |