Ridgecrest Appraisal, LLC is your FHA certified appraisal companyThe FHA retains of approved appraisers for each state - Ridgecrest Appraisal, LLC is on the roster of approved appraisers for ID. If you have an FHA-mortgage, be sure to hire Ridgecrest Appraisal, LLC, as we are approved and qualified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to help low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lesser income or less starting capital to put down on a loan are assisted the most from FHA loan programs. |