Need an appraisal for an FHA-backed mortgage? Call DMP Appraisal Services, Inc.

The FHA publishes a list of approved appraisers for each state - DMP Appraisal Services, Inc. is on the roster of approved appraisers for NY. DMP Appraisal Services, Inc. is qualified and approved to do appraisal reports for FHA insured financial transactions. A certain amount of the ongoing training our staff at DMP Appraisal Services, Inc. undergoes deals strictly with decoding the FHA's documentation and their rules and procedures.

Be sure to contact DMP Appraisal Services, Inc. if you need an appraisal done for an FHA-secured loan.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are designed to help 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. FHA loan programs are particularly useful to those homebuyers with less accumulated starting capital.