Need an appraisal for an FHA-backed mortgage? Call TrueNorth Appraisals LLC.

Rest assured that TrueNorth Appraisals LLC. is an FHA-approved appraisal practice in OH. We are qualified and approved to do appraisals for FHA secured loans. A certain amount of the regular training our staff at TrueNorth Appraisals LLC. receives deals exclusively with decoding the FHA's documentation and their rules and procedures.

If you're in need of an appraisal report 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 that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lenders with protection by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are extremely useful to consumers with less starting capital.