Need an appraisal for an FHA-backed mortgage?

Our state certified appraisers are on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to call Appraisals by Yawn & Associates, LLC, as we are qualified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but our staff is well-trained on how to work in accordance with the rules and regulations provided.

Be sure to contact us if you need an appraisal done for an FHA-secured loan.

An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. 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 defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and requirements for lending agencies that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely beneficial to those buyers with less available funding.