Need an appraisal for an FHA-backed mortgage? Call Reliable Appraisals Inc.

The FHA maintains of approved appraisers for each state - Reliable Appraisals Inc. is on the roster of approved appraisers for KY. This means that we are certified and approved by the FHA to do reports for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Reliable Appraisals Inc. is well-trained on how to follow the rules and regulations provided.

If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is underwritten by them. The FHA does not loan capital to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lower income or less starting capital to put down on a loan benefit the most from Federal Housing Administration loan programs.