Need an appraisal for an FHA-backed mortgage? Call Hughes Home Appraisals

Hughes Home Appraisals is OH state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to contact Hughes Home Appraisals, as we are approved and certified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Hughes Home Appraisals is well-trained on how to work in accordance with the rules and regulations provided.

If your property loan is FHA certified, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is paid for in case the borrower doesn't pay their loan. Available to all purchasers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Purchasers with lower income or less starting funds to put down on a financial transaction benefit the most from FHA loan programs.