Need an appraisal for an FHA-backed mortgage? Call South Jersey Certified AppraisersSouth Jersey Certified Appraisers is state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do appraisals for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at South Jersey Certified Appraisers is well-trained on how to work in accordance with the rules and regulations provided. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is secured by them. The FHA does not loan money to borrowers, rather, it provides lenders with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are formed to assist low-to-moderate income buyers help meet credit expectations if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly helpful to those consumers with less available funding. |