profile picture

Need an appraisal for an FHA-backed mortgage? Call Appraisal Solutions of Nevada

Appraisal Solutions of Nevada is NV state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do appraisal reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Appraisal Solutions of Nevada is well-trained on how to comply with the rules and regulations provided.

Be sure to contact Appraisal Solutions of Nevada if you need an appraisal done for an FHA-secured loan.

If your loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and qualifications for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are extremely helpful to purchasers with less starting capital.

Today's Rates

Mtg Loan Rate APR
30-yr Fixed 4.55% 4.7%
15-yr Fixed 4.01% 4.22%
1-yr Adj 2.76% 3.42%
* national averages