Need an appraisal for an FHA-backed mortgage? Call Metro Appraisals

We confidently state that Metro Appraisals is an FHA-approved appraisal service in ID. Metro Appraisals is qualified and approved to do appraisal reports for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Metro Appraisals if you need an appraisal done for an FHA-secured loan.

If your home loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and requirements for lending agencies that 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. Buyers with lower income or less starting capital to put down on a mortgage are assisted the most from FHA loan programs.