BTR Appraisal Services is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - BTR Appraisal Services is on the roster of approved appraisers for DE. If you have an FHA-insured mortgage, be sure to get with BTR Appraisal Services, as we are approved and qualified to handle FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact BTR Appraisal Services if you need an appraisal done for an FHA-secured loan. If your house loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower doesn't pay their loan. The FHA and their loan programs are built to benefit low-to-moderate income consumers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lesser income or less starting capital to use as a down-payment on a mortgage benefit the most from FHA loan programs. |