Skyward Appraisal, Inc. is approved for FHA mortgages

We are happy to say that Skyward Appraisal, Inc. is an FHA-certified appraisal practice in WA. If you have an FHA-secured mortgage, be sure to call Skyward Appraisal, Inc., as we are approved and certified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Skyward Appraisal, Inc. is well-trained on how to follow the rules and regulations provided.

If your house loan is FHA insured, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly helpful to those buyers with less accumulated funding.