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GKS Appraisal Services

GKS Appraisal Services is PA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to hire GKS Appraisal Services, as we are approved and certified to handle FHA reports. A certain amount of the periodic training our staff at GKS Appraisal Services completes deals strictly with comprehending the FHA's documentation and their rules and procedures.

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

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is underwritten by them. The FHA does not provide funds to borrowers, rather, it provides lending organizations with security with mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all buyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are incredibly beneficial to purchasers with less starting capital.