Need an appraisal for an FHA-backed mortgage? Call Todd Appraisal, Inc.

Todd Appraisal, Inc. is Missouri state certified and on the FHA Roster of approved residential appraisers.  This indicates that we are qualified and approved by the FHA to do reports for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Todd Appraisal, Inc. is well-trained on how to follow the rules and regulations provided.

Be sure to contact Todd Appraisal, Inc. if you need an appraisal done for an FHA-secured loan.

If your financial transaction is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers. Rather, it provides lenders with security with mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Different from the VA appraiser panel, the lender working with Federal Housing Administration actually has the ability to select the appraiser.

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 particularly helpful to those buyers with less accessible starting capital.

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