Doty Appraisals, Inc. is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - Doty Appraisals, Inc. is on the roster of approved appraisers for IN. Doty Appraisals, Inc. is certified and approved to do reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Doty Appraisals, Inc. is well-trained on how to follow the rules and regulations provided. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income consumers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are particularly useful to those consumers with less accumulated starting capital. |