Appraisal Quest, Inc. can do FHA work
Rest assured that Appraisal Quest, Inc. is an FHA-approved appraisal provider in Pennsylvania.
If you have an FHA-secured mortgage, be sure to contact Appraisal Quest, Inc., as we are approved and certified to handle FHA appraisals.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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If your property loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD).
None of the funds are provided by the FHA. What the FHA does is see to it that the mortgage is taken care of in case the borrower defaults on his or her loan obligations.
The FHA and their loan programs are formed to help low-to-moderate income purchasers by easing credit requirements.
Remember, the FHA differs from the VA appraiser panel in that the lender can pick the appraiser.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
FHA loan programs are extremely beneficial to those buyers with less available starting capital.
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