Sutton Appraisal Service is your FHA certified appraisal companyRest assured that Sutton Appraisal Service is an FHA-certified appraisal practice in CO. This indicates that we are certified and approved by the FHA to do appraisal reports for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Sutton Appraisal Service is well-trained on how to work in accordance with the rules and regulations provided. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all consumers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those buyers with less accessible cash. |