Need an appraisal for an FHA-backed mortgage? Call Accu-Fast AppraisalsThe FHA publishes a list of approved appraisers for each state - Accu-Fast Appraisals is on the roster of approved appraisers for PA. Accu-Fast Appraisals is qualified and approved to do reports for FHA insured loans. A certain amount of the regular training our staff at Accu-Fast Appraisals receives deals exclusively with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is underwritten by them. No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan. Available to all purchasers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lesser income or less starting capital to put down on a mortgage are helped the most from FHA loan programs. |