Need an appraisal for an FHA-backed mortgage? Call P C Appraisal ServicesWe are happy to say that P C Appraisal Services is an FHA-approved appraisal firm in CT. P C Appraisal Services is certified and approved to do appraisals for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at P C Appraisal Services is well-trained on how to follow the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply secures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Available to all purchasers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lower income or less starting money to put down on a mortgage are helped the most from Federal Housing Administration loan programs. |