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Anderson & Associates is your FHA certified appraisal company

Anderson & Associates is WA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to call Anderson & Associates, as we are approved and qualified to perform FHA appraisals. A certain amount of the periodic training our staff at Anderson & Associates undergoes deals exclusively with understanding the FHA's documentation and their rules and procedures.

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

An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lenders with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and requirements for lending agencies that 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. Buyers with lower income or less starting funds to use as a down-payment on a loan are helped the most from Federal Housing Administration loan programs.