Petrillo Group LTD can do FHA appraisalsPetrillo Group LTD is PA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to hire Petrillo Group LTD, as we are approved and qualified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. If your property loan is FHA certified, that means that it has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to aid low-to-moderate income purchasers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting funds to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs. |