Dearth & Associates, LLC. is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - Dearth & Associates, LLC. is on the roster of approved appraisers for ON. This means that we are qualified 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 comprehend, but the staff at Dearth & Associates, LLC. is well-trained on how to comply with the rules and regulations provided. Be sure to contact Dearth & Associates, LLC. if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Available to all buyers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements 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 extremely helpful to those buyers with less available cash. |