4720 Enterprises, Inc. is your FHA certified appraisal company
The FHA maintains of approved appraisers for each state - 4720 Enterprises, Inc. is on the roster of approved appraisers for CO. If you have an FHA-insured mortgage, be sure to contact 4720 Enterprises, Inc., as we are approved and certified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact 4720 Enterprises, Inc. if you need an appraisal done for an FHA-secured loan.
If your property loan is FHA insured, that means that it has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are designed to aid 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. Consumers with lower income or less starting funds to put down on a loan are helped the most from Federal Housing Administration loan programs.