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Expose Value Appraisals is your FHA certified appraisal company

The FHA keeps a roster of approved appraisers for each state - Expose Value Appraisals is on the roster of approved appraisers for NY. This indicates that we are qualified and approved by the FHA to do appraisal reports for house loans underwritten by them. A portion of the periodic training our staff at Expose Value Appraisals receives deals exclusively with decoding the FHA's documentation and their rules and procedures.

Be sure to contact Expose Value Appraisals if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is underneath 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 defaults on his or her financial obligations. The FHA and their loan programs are formed to assist low-to-moderate income purchasers help meet credit expectations 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 lesser income or less starting capital to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.