Need an appraisal for an FHA-backed mortgage? Call Appraisal First, Inc.

Appraisal First, Inc. is MO state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisals for house loans backed by them. A portion of the regular training our staff at Appraisal First, Inc. completes deals exclusively with comprehending the FHA's documentation and their rules and procedures.

Be sure to contact Appraisal First, Inc. if you need an appraisal done for an FHA-secured loan.

An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all consumers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

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