No appraisal FHA mortgages are insured by the Federal Housing Administration (FHA). The federal government insures the FHA mortgage lender against losses so banks are able to offer you the lowest FHA interest rates even though there is no appraisal required. No Appraisal FHA Mortgages are a great way to buy a home without the hassle of appraisal problems. Ask how you can be approved for a No Appraisal FHA home loan.

For a purchase, HUD homes are the the only homes you can buy without an appraisal. HUD homes are homes owned by the Housing and Urban Development program which is part of the FHA. Because they already own the home they are not concerned with the homes value so they allow no appraisal FHA mortgages to purchase the home. For current FHA loan holders, FHA streamline refinances are another type of no appraisal FHA mortgage loans. If you are at a high interest rate we may be able to reduce your mortgage payment with no appraisal fee. Our loan officers at Riverbank are experienced in No Appraisal Fha Mortgage services and offer the lowest FHA mortgage rates available including: