Vanali Associates Inc is ready for your FHA workThe FHA retains of approved appraisers for each state - Vanali Associates Inc is on the roster of approved appraisers for NY. We are certified and approved to do reports for FHA insured financial transactions. Part of the regular training our staff at Vanali Associates Inc completes deals exclusively with understanding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your financial transaction is FHA certified, 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 lender takes care of all the loaned money; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to assist low-to-moderate income buyers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lower income or less starting money to put down on a mortgage are assisted the most from Federal Housing Administration loan programs. |