P.G.L. Appraisals is your FHA certified appraisal companyP.G.L. Appraisals is NJ state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to call P.G.L. Appraisals, as we are approved and qualified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at P.G.L. Appraisals is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact P.G.L. Appraisals 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 lender provides all the loaned money; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income buyers help meet credit qualifications 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. Those with lesser income or less starting funds to put down on a mortgage are helped the most from FHA loan programs. |