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Moore Appraising

Moore Appraising is Montana state certified and on the FHA Roster of approved residential appraisers.  We're qualified and approved to do reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Moore Appraising is well-trained on how to follow the rules and regulations provided.

Be sure to contact Moore Appraising if you need an appraisal done for an FHA-secured loan.

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 FHA does not loan money to borrowers. Rather, it provides lending organizations with safety by offering mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income borrowers benefit the most from FHA-insured loan programs. The point of the Federal Housing Administration is to aid credit-worthy families and individuals get approved for mortgages that they otherwise would not. Unlike the VA appraiser panel, the lender working with FHA is allowed to pick the appraiser.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are extremely beneficial to buyers with less starting income.