Need an appraisal for an FHA-backed mortgage? Call Nordquist Appraisal LLCThe FHA keeps a roster of approved appraisers for each state - Nordquist Appraisal LLC is on the roster of approved appraisers for PA. If you have an FHA-loan, be sure to get with Nordquist Appraisal LLC, as we are approved and qualified to produce FHA appraisal reports. A certain amount of the periodic training our staff at Nordquist Appraisal LLC undergoes deals exclusively with understanding the FHA's documentation and their rules and procedures. If you need an 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 loan is an FHA-secured loan, it means it is insured by them. The lending company takes care of all the loaned money; the FHA simply secures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lesser income or less starting capital to put down on a mortgage are helped the most from FHA loan programs. |
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