Need an appraisal for an FHA-backed mortgage? Call Delaney Valuations LLC
We are happy to say that Delaney Valuations LLC is an FHA-certified appraisal company in PA. Delaney Valuations LLC is qualified and approved to do appraisals for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact Delaney Valuations LLC if you need an appraisal done for an FHA-secured loan.
If your loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Applicable to all purchasers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are excessively helpful to consumers with less starting income.