The FHA maintains the rolls of approved appraisers for each state - ENH Appraisal LLC is on the roster of approved appraisers for New Hampshire.
If you have an FHA-secured mortgage, be sure to call ENH Appraisal LLC, as we are approved and qualified to produce FHA reports.
Part of the ongoing training our staff at ENH Appraisal LLC undergoes deals exclusively with understanding the FHA's documentation and their rules and procedures.
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If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of 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 designed to assist low-to-moderate income buyers by easing credit qualifications.
Remember, the FHA differs from the VA appraiser panel in that the lending organization can choose the appraisal company.
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 incomes or less starting funds to put down on a financial transaction are helped the most from Federal Housing Administration loan programs.