Need an appraisal for an FHA-backed mortgage? Call 1st Stop Appraisal

We assure you that 1st Stop Appraisal is an FHA-approved appraisal service in CO. 1st Stop Appraisal is qualified and approved to do reports for FHA insured financial transactions. Part of the regular training our staff at 1st Stop Appraisal receives deals exclusively with comprehending the FHA's documentation and their rules and procedures.

If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply backs the transaction through mortgage insurance in case the borrower defaults on his or her loan. Applicable to all buyers, FHA loan programs are formed 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. Buyers with lesser income or less starting money to use as a down-payment on a loan are assisted the most from Federal Housing Administration loan programs.