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GKS Appraisal Services is approved for FHA work

GKS Appraisal Services is PA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to hire GKS Appraisal Services, as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at GKS Appraisal Services is well-trained on how to follow the rules and regulations provided.

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 within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with protection by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured loan; the purpose of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and qualifications for lenders that 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 offers are incredibly beneficial to purchasers with less starting capital.