Need an appraisal for an FHA-backed mortgage? Call High Desert Valuation Inc.

Rest assured that High Desert Valuation Inc. is an FHA-certified appraisal service in OR. This indicates that we are qualified and approved by the FHA to do appraisals for property loans backed by them. A portion of the ongoing training our staff at High Desert Valuation Inc. receives deals precisely with decoding the FHA's documentation and their rules and procedures.

If your home loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with safety by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to aid low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA offers are exceedingly beneficial to purchasers with less starting capital.