Brad Brooks & Associates, Inc

Rest assured that Brad Brooks & Associates, Inc is an FHA-approved appraisal company in Colorado.  We're qualified and approved to do appraisal reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Brad Brooks & Associates, Inc if you need an appraisal done for an FHA-secured loan.

If your financial transaction is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers. Rather, it provides lending organizations with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are formed to help low-to-moderate income homebuyers by easing credit qualifications. Remember that the lending organization approving a loan associated with the FHA is able to choose their appraisers, unlike the VA appraisal panel.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower incomes or less starting capital to use as a down-payment on a mortgage benefit the most from FHA loan programs.