Need an appraisal for an FHA-backed mortgage? Call REVARI (Real Estate Valuation and Research Inc.)
We confidently state that REVARI (Real Estate Valuation and Research Inc.) is an FHA-certified appraisal firm in NH. REVARI (Real Estate Valuation and Research Inc.) is qualified and approved to do appraisal reports for FHA secured financial transactions. A portion of the periodic training our staff at REVARI (Real Estate Valuation and Research Inc.) completes deals precisely with comprehending the FHA's documentation and their rules and procedures.
If you need an appraisal 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 agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and qualifications for lenders that 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. The loan programs that the FHA offers are exceedingly beneficial to buyers with less starting income.