Need an appraisal for an FHA-backed mortgage? Call The Shannon Group

We are happy to say that The Shannon Group is an FHA-approved appraisal company in ID. This means that we are qualified and approved by the FHA to do appraisals for house loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact The Shannon Group if you need an appraisal done for an FHA-secured loan.

An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower defaults on his or her financial obligations. Available to all buyers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are extremely useful to consumers with less starting capital.