Proficient Appraisals NE, LLC is ready for your FHA appraisalsThe FHA publishes a list of approved appraisers for each state - Proficient Appraisals NE, LLC is on the roster of approved appraisers for MA. This indicates that we are certified and approved by the FHA to do reports for property loans insured by them. A certain amount of the ongoing training our staff at Proficient Appraisals NE, LLC receives deals strictly with understanding the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is backed by them. The FHA does not loan capital to borrowers, rather, it provides lenders with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. Available to all purchasers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting funds to use as a down-payment on a loan are assisted the most from Federal Housing Administration loan programs. |