Need an appraisal for an FHA-backed mortgage? Call Andres Appraisal Services, LLC.

The FHA publishes a list of approved appraisers for each state - Andres Appraisal Services, LLC. is on the roster of approved appraisers for IN. Andres Appraisal Services, LLC. is certified and approved to do appraisals for FHA insured loans. A portion of the ongoing training our staff at Andres Appraisal Services, LLC. undergoes deals precisely with understanding the FHA's documentation and their rules and procedures.

Be sure to contact Andres Appraisal Services, LLC. if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and requirements for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting capital to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.