Need an appraisal for an FHA-backed mortgage? Call Northeast Valuation GroupNortheast Valuation Group is CT state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to hire Northeast Valuation Group, as we are approved and qualified to produce FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Northeast Valuation Group if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA insured, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to assist low-to-moderate income purchasers help meet credit requirements if they otherwise would not. 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 offers are acutely useful to purchasers with less starting income. |