Central Alabama Appraisal is approved for FHA work

Central Alabama Appraisal is AL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to get with Central Alabama Appraisal, as we are approved and qualified to handle FHA appraisals. A portion of the regular training our staff at Central Alabama Appraisal completes deals strictly with comprehending the FHA's documentation and their rules and procedures.

If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

If your loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are built to help 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. The loan programs that the FHA offers are extremely helpful to buyers with less starting capital.