Need an appraisal for an FHA-backed mortgage? Call E.Barbara Real Property Appraisals LLCWe confidently state that E.Barbara Real Property Appraisals LLC is an FHA-certified appraisal provider in NJ. We are certified and approved to do appraisals for FHA insured financial transactions. A portion of the ongoing training our staff at E.Barbara Real Property Appraisals LLC undergoes deals strictly with understanding the FHA's documentation and their rules and procedures. 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 underwritten by them. No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to aid low-to-moderate income buyers help meet credit qualifications if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely helpful to those consumers with less accumulated cash. |