![]() Need an appraisal for an FHA-backed mortgage? Call Asset Real Estate ServicesWe are happy to say that Asset Real Estate Services is an FHA-approved appraisal service in NM. We're qualified and approved to do appraisal reports for FHA secured loans. Part of the continuing training our staff at Asset Real Estate Services receives deals precisely with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your financial transaction 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). The FHA does not loan funds to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to benefit low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly useful to those consumers with less accumulated cash. |