Colorado Appraisal Advantage, LLC.

We are happy to say that Colorado Appraisal Advantage, LLC. is an FHA-certified appraisal practice in CO. Colorado Appraisal Advantage, LLC. is certified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Colorado Appraisal Advantage, LLC. is well-trained on how to follow 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.

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 financial transaction is an FHA-secured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to help low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are particularly beneficial to those purchasers with less available cash.