Need an appraisal for an FHA-backed mortgage? Call J. Boyles Appraisals, LLC
The FHA retains of approved appraisers for each state - J. Boyles Appraisals, LLC is on the roster of approved appraisers for CT. If you have an FHA-secured mortgage, be sure to get with J. Boyles Appraisals, LLC, as we are approved and certified to produce FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.
If your financial transaction is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the loaned money; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income buyers help meet credit expectations 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 helpful to those buyers with less accumulated cash.