Need an appraisal for an FHA-backed mortgage? Call Cheryl A. ZormerierWe are happy to say that Cheryl A. Zormerier is an FHA-approved appraisal company in AZ. We're certified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Cheryl A. Zormerier is well-trained on how to follow the rules and regulations provided. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your house loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. 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 useful to those buyers with less accumulated starting capital. |