GKS Appraisal Services is your FHA certified appraisal company
GKS Appraisal Services is PA state certified and on the FHA Roster of approved residential appraisers. We are qualified and approved to do appraisal reports for FHA insured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at GKS Appraisal Services is well-trained on how to comply with the rules and regulations provided.
Be sure to contact GKS Appraisal Services if you need an appraisal done for an FHA-secured loan.
If your property loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income purchasers help meet credit requirements if 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 helpful to those homebuyers with less accessible starting capital.