Milliken Appraisals is your FHA certified appraisal companyThe FHA retains of approved appraisers for each state - Milliken Appraisals is on the roster of approved appraisers for CO. We're qualified and approved to do appraisal reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are created to benefit low-to-moderate income consumers help meet credit expectations if 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. FHA loan programs are incredibly useful to those buyers with less accumulated starting capital. |