Need an appraisal for an FHA-backed mortgage? Call J. Boyles Appraisals, LLC
Rest assured that J. Boyles Appraisals, LLC is an FHA-approved appraisal provider in CT. If you have an FHA-insured loan, be sure to call J. Boyles Appraisals, LLC, as we are approved and certified to handle FHA appraisal reports. Part of the periodic training our staff at J. Boyles Appraisals, LLC receives deals strictly with comprehending the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds 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 built to help low-to-moderate income buyers help meet credit qualifications if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are acutely beneficial to consumers with less starting income.