Need an appraisal for an FHA-backed mortgage? Call Campbell Appraised, LLC

Campbell Appraised, LLC is OH state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisal reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Campbell Appraised, LLC is well-trained on how to follow the rules and regulations provided.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending organizations that they otherwise would not.

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