DPA Appraisals, Inc. is your FHA certified appraisal companyDPA Appraisals, Inc. is NC state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisal reports for house loans insured by them. A portion of the regular training our staff at DPA Appraisals, Inc. undergoes deals precisely with decoding the FHA's documentation and their rules and procedures. 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 certified, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are created to help low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting capital to put down on a financial transaction are helped the most from FHA loan programs. |