Need an appraisal for an FHA-backed mortgage? Call Elty Appraisals, LLC.Elty Appraisals, LLC. is NE state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisal reports for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Elty Appraisals, LLC. is well-trained on how to follow the rules and regulations provided. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. 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 financial transaction is an FHA-insured loan, it means it is insured by them. 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 doesn't pay their loan. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and qualifications for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lesser income or less starting money to use as a down-payment on a loan are helped the most from Federal Housing Administration loan programs. |