Need an appraisal for an FHA-backed mortgage? Call JT Appraisal

The FHA publishes a roster of approved appraisers for each state - JT Appraisal is on the roster of approved appraisers for New York.  We are certified and approved to do appraisal reports for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

If your loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers. Rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Remember, the FHA differs from the VA appraiser panel in that the lender can choose the appraisal company.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are invaluable to buyers with minimal starting capital.