Anchor Appraisals, LLC.

The FHA retains of approved appraisers for each state - Anchor Appraisals, LLC. is on the roster of approved appraisers for NM. This means that we are qualified and approved by the FHA to do appraisal reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Anchor Appraisals, LLC. 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.

If your property loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. Available to all purchasers, 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. The loan programs that the FHA offers are acutely beneficial to buyers with less starting capital.