Need an appraisal for an FHA-backed mortgage? Call David Hesidenz Appraisals

The FHA publishes a list of approved appraisers for each state - David Hesidenz Appraisals is on the roster of approved appraisers for Pa. This means that we are qualified and approved by the FHA to do appraisals for house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at David Hesidenz Appraisals is well-trained on how to work in accordance with the rules and regulations provided.

An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to aid low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are extremely useful to purchasers with less starting income.