The FHA publishes the rolls of approved appraisers for each state - REVARI (Real Estate Valuation and Research Inc.) is on the roster of approved appraisers for New Hampshire.
If you have an FHA-loan, be sure to call REVARI (Real Estate Valuation and Research Inc.), as we are approved and qualified to perform FHA reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your home loan is FHA certified, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD).
The FHA does not loan funds to borrowers. Rather, it provides lenders with protection with mortgage insurance in case the borrower does not pay his or her financial obligations.
Applicable to all homebuyers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Remember that the lender working with the the FHA is able to choose which appraisers they work with, different from VA appraisal panel.
Down payments are often lower with an FHA loan despite using conventional market rates.
The loan programs that the Federal Housing Administration offers are lifesavers to buyers with minimal starting capital.