S. Brown Appraisals, LLC is approved for FHA appraisals

S. Brown Appraisals, LLC is Delaware state certified and on the FHA Roster of approved residential appraisers.  We are certified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at S. Brown Appraisals, LLC is well-trained on how to follow the rules and regulations provided.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD); if your loan is an FHA-secured loan, it means it is insured by them. The FHA does not provide funds to borrowers. Rather, it provides lenders with security with mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit the most from FHA-insured loan programs. The purpose of the Federal Housing Administration is to help credit-worthy potential buyers get approved for mortgages that they otherwise would not. Unlike the VA appraiser panel, the lending agency working with Federal Housing Administration is allowed to pick the appraiser.

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 homebuyers with less accessible cash.