Need an appraisal for an FHA-backed mortgage? Call National Home Appraisal Corporation

National Home Appraisal Corporation is MA state certified and on the FHA Roster of approved residential appraisers. National Home Appraisal Corporation is qualified and approved to do reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at National Home Appraisal Corporation is well-trained on how to work in accordance with the rules and regulations provided.

An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are designed to aid low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower income or less starting money to put down on a mortgage are helped the most from Federal Housing Administration loan programs.