is New Hampshire state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-mortgage, be sure to call Ranjewel Appraisals, as we are approved and qualified to perform FHA appraisal reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your house loan is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD).
The FHA does not loan capital to borrowers. Rather, it provides lending agencies with security with mortgage insurance in case the borrower defaults on his or her financial obligations.
Available to all buyers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Different from the VA appraiser panel, the lending organization working with Federal Housing Administration has the ability to choose the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
Buyers with lesser incomes or less starting capital to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs.
