Rest assured that Brians Appraisal Service is an FHA-certified appraisal company in Ct..
If you have an FHA-mortgage, be sure to call Brians Appraisal Service, as we are approved and qualified to handle FHA appraisal reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your property loan is FHA insured, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD).
The FHA does not loan money to borrowers. Rather, it provides lending agencies with security by offering mortgage insurance in case the borrower does not pay his or her loan obligations.
Available to all purchasers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Remember, the FHA differs from the VA appraiser panel in that the lender can pick the appraisal company.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Those with lower incomes or less starting money to put down on a financial transaction are assisted the most from Federal Housing Administration loan programs.
