Connolly Appraisal Company, LLC can do FHA workThe FHA maintains of approved appraisers for each state - Connolly Appraisal Company, LLC is on the roster of approved appraisers for VA. If you have an FHA-insured loan, be sure to hire Connolly Appraisal Company, LLC, as we are approved and certified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Connolly Appraisal Company, LLC is well-trained on how to follow the rules and regulations provided. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lenders with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are formed to assist low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are exceedingly useful to buyers with less starting income. |