Spencer's Appraisal Services, LLP is your FHA, USDA and VA certified appraisal company.

Spencer's Appraisal Services, LLP is WA state certified, AQB qualified and on the FHA, USDA and VA Rosters of approved residential appraisers. If you have an FHA, USDA or VA insured mortgage, be sure to call Spencer's Appraisal Services, LLP, as we are approved and certified to produce FHA, USDA and VA reports. HUD's guidelines, documentation and policies may seem difficult to comprehend, but at Spencer's Appraisal Services, LLP, we are well-trained on how to comply with the rules and regulations provided.

If your house loan is FHA, USDA, or VA insured, that means that the loan has been secured by the Federal Housing Administration, or the Veteran's Affairs, which is part of the United States Department of Housing and Urban Development (HUD) and Veteran's Affairs. None of the funds are provided by the FHA, USDA of VA; what they do is ensure that the mortgage is paid for in case the borrower doesn't pay their loan. The FHA, USDA or VA and their loan programs are created to help low-to-moderate income homebuyers, or Veteran's help meet credit requirements if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA, USDA-insured loan, along with VA, while the rates remain standard market rates. Purchasers with lower income or less starting capital to put down on a financial transaction benefit the most from FHA, USDA and in some cases the VA loan programs.