![]() Need an appraisal for an FHA-backed mortgage? Call Grace RealtyWe are happy to say that Grace Realty is an FHA-certified appraisal practice in PA. We're certified and approved to do reports for FHA secured loans. Part of the continuing training our staff at Grace Realty receives deals precisely with decoding 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. If your financial transaction is FHA approved, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all consumers, FHA loan programs are made 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. FHA loan programs are extremely beneficial to those consumers with less available cash. |