Need an appraisal for an FHA-backed mortgage? Call AAAnderson Associates Inc.

The FHA retains of approved appraisers for each state - AAAnderson Associates Inc. is on the roster of approved appraisers for WA. We're certified and approved to do reports for FHA secured financial transactions. A certain amount of the periodic training our staff at AAAnderson Associates Inc. receives deals precisely with understanding the FHA's documentation and their rules and procedures.

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

An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to assist low-to-moderate income buyers help meet credit requirements if 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 purchasers with less accumulated cash.