Need an appraisal for an FHA-backed mortgage? Call Scolastico Appraisals, LLCScolastico Appraisals, LLC is MA state certified and on the FHA Roster of approved residential appraisers. Scolastico Appraisals, LLC is qualified and approved to do appraisals for FHA secured financial transactions. A certain amount of the regular training our staff at Scolastico Appraisals, LLC undergoes deals precisely 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. If your house loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are built to benefit low-to-moderate income consumers help meet credit expectations if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are extremely helpful to consumers with less starting capital. |