Need an appraisal for an FHA-backed mortgage? Call GKS Appraisal ServicesGKS Appraisal Services is PA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to get with GKS Appraisal Services, as we are approved and qualified to handle FHA reports. A certain amount of the ongoing training our staff at GKS Appraisal Services receives deals precisely with decoding the FHA's documentation and their rules and procedures. Be sure to contact GKS Appraisal Services if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply secures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Available to all purchasers, FHA loan programs are formed 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. Buyers with lower income or less starting capital to put down on a mortgage benefit the most from Federal Housing Administration loan programs. |