Need an appraisal for an FHA-backed mortgage? Call Venturo Residential AppraisalsThe FHA keeps a roster of approved appraisers for each state - Venturo Residential Appraisals is on the roster of approved appraisers for NJ. If you have an FHA-insured loan, be sure to get with Venturo Residential Appraisals, as we are approved and qualified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Venturo Residential Appraisals is well-trained on how to follow the rules and regulations provided. If you're in need of 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 loan is an FHA-insured loan, it means it is underwritten by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to help low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely useful to those homebuyers with less accessible starting capital. |