Valuation Group VT is available for your FHA backed loansValuation Group VT is VT state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to hire Valuation Group VT, as we are approved and certified to produce FHA reports. Part of the ongoing training our staff at Valuation Group VT undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is secured by them. The FHA does not loan funds to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those purchasers with less accumulated cash. |