Need an appraisal for an FHA-backed mortgage? Call Nu Vision Appraisals, LLC.

The FHA keeps a roster of approved appraisers for each state - Nu Vision Appraisals, LLC. is on the roster of approved appraisers for OH. 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 understand, but the staff at Nu Vision Appraisals, LLC. is well-trained on how to comply with the rules and regulations provided.

If you're in need of an report 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 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. None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is taken care of in case the borrower doesn't pay their loan. Applicable to all homebuyers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are incredibly helpful to buyers with less starting capital.