Need an appraisal for an FHA-backed mortgage? Call Alpine Appraisal Group

The FHA keeps a roster of approved appraisers for each state - Alpine Appraisal Group is on the roster of approved appraisers for UT. We are certified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Alpine Appraisal Group is well-trained on how to follow the rules and regulations provided.

If your home loan is FHA certified, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and requirements for lending organizations that they otherwise would not.

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