Need an appraisal for an FHA-backed mortgage? Call Jamison Appraisal ServicesRest assured that Jamison Appraisal Services is an FHA-certified appraisal company in PA. We are certified and approved to do reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Jamison Appraisal Services is well-trained on how to follow the rules and regulations provided. Be sure to contact Jamison Appraisal Services 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 loan is an FHA loan, it means it is backed by them. The FHA does not provide funds to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to benefit low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely useful to those buyers with less available funding. |