is Oregon state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-secured loan, be sure to get with Real Value Residential Appraisal Services, LLC, as we are approved and qualified to perform FHA appraisals.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your home loan is FHA insured, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD).
The FHA does not provide funds to borrowers. Rather, it provides lending organizations with security with mortgage insurance in case the borrower does not pay his or her financial obligations.
Applicable to all buyers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Different from the VA appraiser panel, the lending agency working with Federal Housing Administration has the ability to choose the appraiser.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Consumers with lower incomes or less starting money to put down on a loan benefit the most from Federal Housing Administration loan programs.
