Nordquist Appraisal LLC is your FHA certified appraisal company
Rest assured that Nordquist Appraisal LLC is an FHA-certified appraisal provider in PA. We're certified and approved to do reports for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your financial transaction is FHA certified, that means that it has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply insures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Available to all purchasers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications 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. The loan programs that the Federal Housing Administration provides are exceedingly useful to buyers with less starting capital.
|These articles are property of New York Times and protected by copyright.|