Need an appraisal for an FHA-backed mortgage? Call A.S.I. Appraisal

Rest assured that A.S.I. Appraisal is an FHA-certified appraisal provider in MT. If you have an FHA-mortgage, be sure to get with A.S.I. Appraisal, as we are approved and qualified to perform FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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 lending organization takes care of all the loaned money; the FHA simply secures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and qualifications for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting capital to use as a down-payment on a financial transaction are helped the most from FHA loan programs.