Need an appraisal for an FHA-backed mortgage? Call Acupraise

The FHA keeps a roster of approved appraisers for each state - Acupraise is on the roster of approved appraisers for MI. This means that we are qualified and approved by the FHA to do appraisals for property loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are extremely beneficial to purchasers with less starting income.