National Home Appraisal Corporation is your FHA certified appraisal companyNational Home Appraisal Corporation is MA state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisal reports for home loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is backed by them. The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to assist low-to-moderate income consumers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly helpful to those homebuyers with less accessible funding. |