RP Hill Company, LLC is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - RP Hill Company, LLC is on the roster of approved appraisers for OH. If you have an FHA-secured mortgage, be sure to contact RP Hill Company, LLC, as we are approved and qualified to perform FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at RP Hill Company, LLC is well-trained on how to follow the rules and regulations provided. Be sure to contact RP Hill Company, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the purpose 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. FHA loan programs are particularly useful to those consumers with less available starting capital. |