Need an appraisal for an FHA-backed mortgage? Call Gownley Appraisal GroupThe FHA maintains of approved appraisers for each state - Gownley Appraisal Group is on the roster of approved appraisers for PA. Gownley Appraisal Group is certified and approved to do reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Gownley Appraisal Group is well-trained on how to comply with the rules and regulations provided. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. 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 financial transaction is an FHA-secured loan, it means it is underwritten by them. None of the funds are provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are created to benefit low-to-moderate income consumers 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. FHA loan programs are particularly beneficial to those consumers with less accessible starting capital. |