Need an appraisal for an FHA-backed mortgage? Call REVARI (Real Estate Valuation and Research Inc.)
We assure you that REVARI (Real Estate Valuation and Research Inc.) is an FHA-approved appraisal company in NH. If you have an FHA-insured loan, be sure to get with REVARI (Real Estate Valuation and Research Inc.), as we are approved and qualified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at REVARI (Real Estate Valuation and Research Inc.) is well-trained on how to work in accordance with the rules and regulations provided.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income consumers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and qualifications for lending agencies that they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are acutely beneficial to purchasers with less starting income.