Pinnacle Appraisal Co. is ready for your FHA mortgagesPinnacle Appraisal Co. is AR state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to hire Pinnacle Appraisal Co., as we are approved and certified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower doesn't pay their loan. Applicable to all purchasers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly beneficial to those purchasers with less accumulated funding. |