Need an appraisal for an FHA-backed mortgage? Call Denby Real Estate Inc.

Denby Real Estate Inc. is MA state certified and on the FHA Roster of approved residential appraisers. Denby Real Estate Inc. is qualified and approved to do reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

An FHA loan is insured 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 secures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income consumers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and requirements for lenders that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting capital to use as a down-payment on a loan are assisted the most from FHA loan programs.