FHA Status

Idaho Residential Appraisals is on the FHA Roster  (under the name Trent Stimpson) of approved residential appraisers. I am qualified and approved to do appraisals for FHA insured loans. I am trained and understand the rules and procedures in FHA's guidance and policy documents.

If you're in need of an appraisal for an FHA loan, please contact us and I will be able to help you right away.

An FHA loan is insured by the Federal Housing Administration.  The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are designed to help families who do not meet requirements for conventional loans. Remember, the FHA is different from the VA and HVCC appraiser panel in that the lender can choose the appraiser.

FHA loan programs are particularly beneficial to those buyers with less available cash. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.