is Pennsylvania state certified and on the FHA Roster of approved residential appraisers.
We are qualified and approved to do appraisal 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 backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD).
None of the funds are provided by the FHA. What the FHA does is ensure that the loan is insured in case the borrower doesn't pay their loan.
The FHA and their loan programs are formed to help low-to-moderate income consumers by easing credit expectations.
Unlike the VA appraiser panel, the lending organization working with Federal Housing Administration actually has the freedom to select the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
The loan programs that the FHA provides are incredibly beneficial to buyers with less starting capital.