Need an appraisal for an FHA-backed mortgage? Call Central New Mexico Appraisers Inc. dba Allan Yost & AssociatesThe FHA maintains of approved appraisers for each state - Central New Mexico Appraisers Inc. dba Allan Yost & Associates is on the roster of approved appraisers for NM. If you have an FHA-insured mortgage, be sure to hire Central New Mexico Appraisers Inc. dba Allan Yost & Associates, as we are approved and qualified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Central New Mexico Appraisers Inc. dba Allan Yost & Associates is well-trained on how to follow the rules and regulations provided. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is secured by them. The lender provides all the finances; the FHA simply secures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are made to help 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. Purchasers with lower income or less starting money to use as a down-payment on a loan are assisted the most from Federal Housing Administration loan programs. |