C-M Appraisals, LLC is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - C-M Appraisals, LLC is on the roster of approved appraisers for PA. This indicates that we are qualified and approved by the FHA to do appraisal reports for home loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact C-M Appraisals, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to assist low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. 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 money to put down on a mortgage benefit the most from FHA loan programs. |