Forney Appraisal Services, Inc. can do FHA work

Forney Appraisal Services, Inc. is IN state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to contact Forney Appraisal Services, Inc., as we are approved and certified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower doesn't pay their loan. Applicable to all buyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements 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 acutely useful to consumers with less starting income.