Valley Appraisals LLC is your FHA certified appraisal companyThe FHA retains of approved appraisers for each state - Valley Appraisals LLC is on the roster of approved appraisers for VA. This indicates that we are certified and approved by the FHA to do appraisals for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Valley Appraisals LLC is well-trained on how to comply with the rules and regulations provided. Be sure to contact Valley Appraisals LLC 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 through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to benefit low-to-moderate income homebuyers 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. Purchasers with lower income or less starting money to put down on a loan are helped the most from FHA loan programs. |