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Need an appraisal for an FHA-backed mortgage? Call Rivers Edge Appraisals & Consulting, Inc.

Rest assured that Rivers Edge Appraisals & Consulting, Inc. is an FHA-certified appraisal company in Idaho.  We're certified and approved to do appraisals for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Rivers Edge Appraisals & Consulting, Inc. is well-trained on how to follow the rules and regulations provided.

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.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD); if your loan is an FHA-secured loan, it means it is backed by them. The lender takes care of all the financing - the FHA simply backs the loan with mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit the most from FHA-secured loan programs. The purpose of the Federal Housing Administration is to aid credit-worthy potential buyers get approved for mortgages that they otherwise would not. Remember that the lender working with the the FHA is free to select which appraisers they will use, different from VA appraisal panel.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those homebuyers with less accessible funding.