Need an appraisal for an FHA-backed mortgage? Call Deer Creek Appraisals

The FHA publishes a list of approved appraisers for each state - Deer Creek Appraisals is on the roster of approved appraisers for CO. If you have an FHA-secured loan, be sure to get with Deer Creek Appraisals, as we are approved and certified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your financial transaction is FHA certified, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply secures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all homebuyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting funds to put down on a mortgage are assisted the most from FHA loan programs.