Millie Leopard is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - Millie Leopard is on the roster of approved appraisers for CO. This means that we are certified and approved by the FHA to do appraisal reports for home loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Millie Leopard is well-trained on how to work in accordance with the rules and regulations provided. If you need an appraisal 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 organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is underwritten by them. The lender takes care of all the finances; the FHA simply insures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and necessities for lenders that 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. FHA loan programs are extremely beneficial to those purchasers with less available starting capital. |