Appraisal Alliance, LLC is your FHA certified appraisal company

Appraisal Alliance, LLC is MI state certified and on the FHA Roster of approved residential appraisers. Appraisal Alliance, LLC is certified and approved to do appraisal reports for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is underwritten by them. The FHA does not loan money to borrowers, rather, it provides lenders with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income consumers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to help credit-worthy buyers to meet expectations and necessities for lending agencies that they otherwise would not.

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