Need an appraisal for an FHA-backed mortgage? Call Acker Appraisal, Inc.

The FHA maintains of approved appraisers for each state - Acker Appraisal, Inc. is on the roster of approved appraisers for AL. If you have an FHA-mortgage, be sure to get with Acker Appraisal, Inc., as we are approved and certified to handle FHA reports. A certain amount of the periodic training our staff at Acker Appraisal, Inc. undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures.

An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection through mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are excessively useful to consumers with less starting capital.