Need an appraisal for an FHA-backed mortgage? Call SUMMIT APPRAISAL SERVICES, LLCThe FHA retains of approved appraisers for each state - SUMMIT APPRAISAL SERVICES, LLC is on the roster of approved appraisers for WY. If you have an FHA-insured loan, be sure to hire SUMMIT APPRAISAL SERVICES, LLC, as we are approved and certified to perform FHA appraisal reports. Part of the continuing training our staff at SUMMIT APPRAISAL SERVICES, LLC undergoes deals strictly with understanding the FHA's documentation and their rules and procedures. 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 lenders with protection by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all consumers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lower income or less starting capital to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs. |