Need an appraisal for an FHA-backed mortgage? Call Lightspeed Appraisal Group

Rest assured that Lightspeed Appraisal Group is an FHA-approved appraisal company in CO. This indicates that we are certified and approved by the FHA to do reports for house loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the loaned money; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. Available to all homebuyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are acutely helpful to consumers with less starting capital.