Need an appraisal for an FHA-backed mortgage? Call Shelby Evans

Shelby Evans is OH state certified and on the FHA Roster of approved residential appraisers. This means that we are qualified and approved by the FHA to do appraisal reports for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Shelby Evans is well-trained on how to follow the rules and regulations provided.

Be sure to contact Shelby Evans if you need an appraisal done for an FHA-secured loan.

If your property loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is a branch 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 ensure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to benefit low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly useful to those purchasers with less accessible starting capital.