Need an appraisal for an FHA-backed mortgage? Call David Ikard

The FHA keeps a roster of approved appraisers for each state - David Ikard is on the roster of approved appraisers for AL. David Ikard is certified and approved to do appraisal reports for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to assist low-to-moderate income consumers help meet credit qualifications if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA offers are excessively beneficial to purchasers with less starting capital.