![]() Need an appraisal for an FHA-backed mortgage? Call Leigh B. Pattalochi, Inc.Leigh B. Pattalochi, Inc. is AZ state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Leigh B. Pattalochi, Inc. is well-trained on how to comply with the rules and regulations provided. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to aid low-to-moderate income purchasers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those consumers with less available cash. |