Bruce W. Reyle Commercial and Residential Real Estate Appraisers & Consultants is your FHA certified appraisal company

The FHA keeps a roster of approved appraisers for each state - Bruce W. Reyle Commercial and Residential Real Estate Appraisers & Consultants is on the roster of approved appraisers for Virginia. If you have an FHA-secured loan, be sure to call Bruce W. Reyle Commercial and Residential Real Estate Appraisers & Consultants, as we are approved and certified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Bruce W. Reyle Commercial and Residential Real Estate Appraisers & Consultants is well-trained on how to work in accordance with the rules and regulations provided.

Be sure to contact Bruce W. Reyle Commercial and Residential Real Estate Appraisers & Consultants 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). The FHA does not loan funds to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and requirements for lenders that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA offers are excessively beneficial to consumers with less starting capital.