Need an appraisal for an FHA-backed mortgage? Call Haskell & James Realestate Appraisal & Co.

Haskell & James Realestate Appraisal & Co. is NY state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to contact Haskell & James Realestate Appraisal & Co., as we are approved and qualified to perform FHA appraisals. Part of the continuing training our staff at Haskell & James Realestate Appraisal & Co. receives deals strictly with understanding the FHA's documentation and their rules and procedures.

If your house loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the loaned money; the FHA simply secures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all consumers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower income or less starting funds to use as a down-payment on a financial transaction benefit the most from FHA loan programs.