Need an appraisal for an FHA-backed mortgage? Call Juan RestrepoThe FHA publishes a list of approved appraisers for each state - Juan Restrepo is on the roster of approved appraisers for AZ. This indicates that we are certified and approved by the FHA to do appraisal reports for home loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Juan Restrepo is well-trained on how to comply with the rules and regulations provided. Be sure to contact Juan Restrepo if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal agency 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 make sure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to benefit 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. Purchasers with lesser income or less starting capital to put down on a financial transaction benefit the most from FHA loan programs. |