Coulton Company Appraisals
The FHA keeps a roster of approved appraisers for each state - Coulton Company Appraisals is on the roster of approved appraisers for WA. This indicates that we are qualified and approved by the FHA to do appraisal reports for home loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Coulton Company Appraisals is well-trained on how to follow the rules and regulations provided.
If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.
If your home loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower doesn't pay their loan. Accessible to all homebuyers, FHA loan programs are designed to assist 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. FHA loan programs are extremely helpful to those buyers with less accessible funding.