Porch Light Appraisal Is Your FHA Certified Appraisal Company

We confidently state that Porch Light Appraisal is an FHA-certified appraisal service in Washington. This means that we are certified and approved by the FHA to do appraisals for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Porch Light Appraisal is well-trained on how to comply with the rules and regulations provided.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD); if your loan is an FHA loan, it means it is backed by them. The FHA does not provide funds to borrowers. Rather, it provides lending agencies with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to aid low-to-moderate income purchasers by easing credit qualifications. Different from the VA appraiser panel, the lending agency working with FHA has the freedom to choose the appraiser.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly helpful to those purchasers with less accumulated funding.