Need an appraisal for an FHA-backed mortgage? Call ACES Appraisals

ACES Appraisals is MT state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisal reports for house loans backed by them. A certain amount of the regular training our staff at ACES Appraisals undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is backed by them. The lending company takes care of all the finances; the FHA simply secures the loan through mortgage insurance in case the borrower defaults on his or her loan. Accessible to all consumers, FHA loan programs are designed to help 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. Those with lower income or less starting money to put down on a loan are helped the most from FHA loan programs.