Need an appraisal for an FHA-backed mortgage? Call DCAppraisals, LLC
The FHA publishes a list of approved appraisers for each state - DCAppraisals, LLC is on the roster of approved appraisers for . If you have an FHA-insured mortgage, be sure to hire DCAppraisals, LLC, as we are approved and certified to handle FHA appraisal reports. Part of the periodic training our staff at DCAppraisals, LLC undergoes deals strictly with understanding the FHA's documentation and their rules and procedures.
If you need an 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 organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are built to benefit low-to-moderate income purchasers help meet credit requirements if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely useful to those homebuyers with less accessible starting capital.