Advanced Appraisal ServicesWe are happy to say that Advanced Appraisal Services is an FHA-certified appraisal company in PA. If you have an FHA-loan, be sure to call Advanced Appraisal Services, as we are approved and qualified to produce FHA appraisal reports. Part of the continuing training our staff at Advanced Appraisal Services receives deals precisely with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Advanced Appraisal Services if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all homebuyers, FHA loan programs are designed to aid 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. Purchasers with lesser income or less starting money to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs. |