Equity 1st Realty Llc is your FHA certified appraisal company

Equity 1st Realty Llc is NM state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to call Equity 1st Realty Llc, as we are approved and qualified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Equity 1st Realty Llc is well-trained on how to follow the rules and regulations provided.

If your house loan is FHA insured, that means that it has been secured by the FHA, which is a branch 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 make sure that the loan is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are created to benefit low-to-moderate income buyers 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. Consumers with lesser income or less starting funds to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs.