Need an appraisal for an FHA-backed mortgage? Call David D. Lytle

The FHA keeps a roster of approved appraisers for each state - David D. Lytle is on the roster of approved appraisers for NV. If you have an FHA-loan, be sure to get with David D. Lytle, as we are approved and qualified to handle FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact David D. Lytle if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to help low-to-moderate income consumers help meet credit requirements if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly useful to those purchasers with less available cash.