Need an appraisal for an FHA-backed mortgage? Call Michael Manley Appraisals LLC

Michael Manley Appraisals LLC is CO state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to hire Michael Manley Appraisals LLC, 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.

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 financial transaction is an FHA loan, it means it is underwritten by them. The lending company takes care of all the finances; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to benefit low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting funds to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs.