Need an appraisal for an FHA-backed mortgage? Call REMACE, LTD.
REMACE, LTD. is PA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to hire REMACE, LTD., as we are approved and certified to produce FHA appraisals. A portion of the continuing training our staff at REMACE, LTD. undergoes deals strictly with decoding the FHA's documentation and their rules and procedures.
Be sure to contact REMACE, LTD. if you need an appraisal done for an FHA-secured loan.
If your property loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
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 FHA provides are excessively beneficial to purchasers with less starting capital.