Rest assured that CVA Consulting Corp. is an FHA-certified appraisal company in Pennsylvania.
If you have an FHA-secured loan, be sure to call CVA Consulting Corp., as we are approved and certified to produce FHA appraisal reports.
A certain amount of the continuing training our staff at CVA Consulting Corp. undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures.
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If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
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An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD).
The lending company takes care of all the loaned money - the FHA simply secures the transaction with mortgage insurance in case the borrower does not pay off his or her loan.
Low-income and moderate-income consumers benefit the most from FHA-insured loan programs. The point of the Federal Housing Administration is to help credit-worthy buyers get approved for mortgages that they otherwise would not.
Remember, the FHA is different from the VA appraiser panel in that the lending organization can choose the appraisal company.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Consumers with lesser incomes or less starting funds to use as a down-payment on a mortgage benefit the most from FHA loan programs.