Need an appraisal for an FHA-backed mortgage? Call Montgomery Appraisal Systems

The FHA retains of approved appraisers for each state - Montgomery Appraisal Systems is on the roster of approved appraisers for DE. This means that we are certified and approved by the FHA to do appraisal reports for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Montgomery Appraisal Systems is well-trained on how to follow the rules and regulations provided.

Be sure to contact Montgomery Appraisal Systems if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower doesn't pay their loan. Accessible to all consumers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly beneficial to those buyers with less available funding.