North Country Appraisers can do FHA appraisalsRest assured that North Country Appraisers is an FHA-certified appraisal provider in NH. This indicates that we are certified and approved by the FHA to do appraisal reports for property loans underwritten by them. Part of the periodic training our staff at North Country Appraisers undergoes deals strictly with decoding the FHA's documentation and their rules and procedures. Be sure to contact North Country Appraisers if you need an appraisal done for an FHA-secured loan. If your home loan is FHA approved, that means that it has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and requirements 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 offers are incredibly useful to consumers with less starting capital. |