Moyer Appraisal Service can do FHA workThe FHA retains of approved appraisers for each state - Moyer Appraisal Service is on the roster of approved appraisers for PA. If you have an FHA-loan, be sure to get with Moyer Appraisal Service, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Moyer Appraisal Service is well-trained on how to follow the rules and regulations provided. Be sure to contact Moyer Appraisal Service if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the money in the loan; the FHA simply secures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Available to all purchasers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower income or less starting funds to put down on a loan benefit the most from Federal Housing Administration loan programs. |