Need an appraisal for an FHA-backed mortgage? Call Sanford Appraisals LLC

Rest assured that Sanford Appraisals LLC is an FHA-approved appraisal service in AL. We're qualified and approved to do appraisal reports for FHA insured loans. A certain amount of the ongoing training our staff at Sanford Appraisals LLC completes deals exclusively with decoding the FHA's documentation and their rules and procedures.

If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. Applicable to all homebuyers, 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 extremely beneficial to those homebuyers with less accumulated funding.