Need an appraisal for an FHA-backed mortgage? Call Valiant Appraisal Services
We assure you that Valiant Appraisal Services is an FHA-certified appraisal service in PA. This means that we are qualified and approved by the FHA to do appraisals for property loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact Valiant Appraisal Services if you need an appraisal done for an FHA-secured loan.
An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the loaned money; 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 formed to help 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 extremely beneficial to buyers with less starting income.