Riverview Appraisals LLC can do FHA workRiverview Appraisals LLC is KY state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to call Riverview Appraisals LLC, as we are approved and certified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Riverview Appraisals LLC is well-trained on how to comply with the rules and regulations provided. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction 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 funds to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to benefit low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting money to use as a down-payment on a mortgage are assisted the most from FHA loan programs. |