Duncan AppraisalsThe FHA maintains of approved appraisers for each state - Duncan Appraisals is on the roster of approved appraisers for NJ. We're certified and approved to do appraisal reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Duncan Appraisals 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. If your property loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the loaned money; the FHA simply secures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to assist low-to-moderate income consumers help meet credit requirements if 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 provides are acutely beneficial to consumers with less starting capital. |
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