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The Appraisal Company is your FHA certified appraisal company

The FHA publishes the rolls of approved appraisers for each state - The Appraisal Company is on the roster of approved appraisers for New York.  This means that we are certified and approved by the FHA to do appraisal reports for home loans backed by them. Part of the ongoing training our staff at The Appraisal Company undergoes deals exclusively 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.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers. Rather, it provides lending agencies with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to help low-to-moderate income buyers by easing credit expectations. Remember that the lender working with the the FHA is able to pick which appraisers they work with, unlike the VA appraisal panel.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those homebuyers with less accessible starting capital.