Ryan Bull Appraisals is ready for your FHA loansWe are happy to say that Ryan Bull Appraisals is an FHA-certified appraisal firm in VT. If you have an FHA-secured mortgage, be sure to contact Ryan Bull Appraisals, as we are approved and qualified to handle FHA reports. A certain amount of the periodic training our staff at Ryan Bull Appraisals receives deals precisely with understanding 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 home loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and requirements for lending organizations that 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 helpful to those purchasers with less accumulated cash. |