Need an appraisal for an FHA-backed mortgage? Call Nordquist Appraisal LLCThe FHA publishes a list of approved appraisers for each state - Nordquist Appraisal LLC is on the roster of approved appraisers for PA. We are certified and approved to do appraisals for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Nordquist Appraisal LLC is well-trained on how to comply with the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower doesn't pay their loan. Applicable to all consumers, FHA loan programs are formed 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. Buyers with lower income or less starting capital to use as a down-payment on a financial transaction benefit the most from FHA loan programs. |
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