Need an appraisal for an FHA-backed mortgage? Call Hill Appraisal Associates, LLC
Hill Appraisal Associates, LLC is Pennsylvania state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to contact Hill Appraisal Associates, LLC, as we are approved and certified to produce FHA reports. A certain amount of the regular training our staff at Hill Appraisal Associates, LLC completes deals strictly with decoding the FHA's documentation and their rules and procedures.
Be sure to contact Hill Appraisal Associates, LLC if you need an appraisal done for an FHA-secured loan.
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 loan, it means it is underwritten by them. The lending organization takes care of all the finances; the FHA simply backs the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to benefit low-to-moderate income homebuyers help meet credit expectations if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are excessively useful to purchasers with less starting capital.