BN Real Estate, Inc. is your FHA certified appraisal company
The FHA retains a list of approved appraisers for each state - BN Real Estate, Inc. is on the roster of approved appraisers for Virginia.
We are qualified and approved to do appraisal reports for FHA insured loans.
FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at BN Real Estate, Inc. is well-trained on how to comply with the rules and regulations provided.
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If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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If your property loan is FHA certified, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD).
None of the funds are provided by the FHA. What the FHA does is see to it that the mortgage is paid for in case the borrower doesn't pay their loan.
Applicable to all consumers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Remember that the lending agency approving a loan associated with the Federal Housing Administration is permitted to choose which appraisers they will use, different from VA appraisal panel.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates.
The loan programs that the Federal Housing Administration offers are lifesavers to purchasers with minimal starting capital.
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