Need an appraisal for an FHA-backed mortgage? Call Higdem Appraisal

We confidently state that Higdem Appraisal is an FHA-approved appraisal practice in ID. If you have an FHA-secured mortgage, be sure to hire Higdem Appraisal, as we are approved and qualified to handle FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to benefit low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not.

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 provides are acutely beneficial to buyers with less starting capital.