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Colliver Appraisal Service is approved for FHA backed loans

Rest assured that Colliver Appraisal Service is an FHA-certified appraisal company in Kentucky.  This indicates that we are qualified and approved by the FHA to do appraisal reports for property loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

If your house loan is FHA insured, 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 lending company provides all the loaned money - the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income consumers by easing credit expectations. Remember, the FHA deviates from the VA appraiser panel in that the lending organization can choose the appraisal company.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly beneficial to those consumers with less accessible funding.