Vandiver Appraisal LLC is approved for FHA loans

Vandiver Appraisal LLC is OR state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to contact Vandiver Appraisal LLC, as we are approved and qualified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Vandiver Appraisal LLC is well-trained on how to follow the rules and regulations provided.

If your property loan is FHA approved, 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 lending agencies with protection with mortgage insurance in case the borrower does not pay his or her loan obligations. Available to all buyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications 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 extremely useful to purchasers with less starting income.