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GKS Appraisal Services

The FHA keeps a roster of approved appraisers for each state - GKS Appraisal Services is on the roster of approved appraisers for PA. If you have an FHA-loan, be sure to contact GKS Appraisal Services, as we are approved and certified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact GKS Appraisal Services if you need an appraisal done for an FHA-secured loan.

If your financial transaction is FHA approved, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lender provides all the money in the loan; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and requirements for lending agencies that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely beneficial to those buyers with less accessible funding.