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Need an appraisal for an FHA-backed mortgage? Call Crest Appraisal Services

The FHA retains of approved appraisers for each state - Crest Appraisal Services is on the roster of approved appraisers for WA. We're certified and approved to do appraisals for FHA insured loans. Part of the periodic training our staff at Crest Appraisal Services receives deals exclusively with decoding the FHA's documentation and their rules and procedures.

Be sure to contact Crest Appraisal Services if you need an appraisal done for an FHA-secured loan.

An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are built to aid low-to-moderate income consumers help meet credit qualifications if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting money to put down on a mortgage are assisted the most from FHA loan programs.