Slater Real Estate Services is ready for your FHA backed loans
Rest assured that Slater Real Estate Services is an FHA-approved appraisal firm in CO. If you have an FHA-mortgage, be sure to get with Slater Real Estate Services, as we are approved and qualified to produce FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact Slater Real Estate Services if you need an appraisal done for an FHA-secured loan.
An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower does not pay his or her financial obligations. Available to all purchasers, 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 incredibly helpful to those homebuyers with less accumulated starting capital.