Need an appraisal for an FHA-backed mortgage? Call Premier Appraisals, Inc.

We are happy to say that Premier Appraisals, Inc. is an FHA-certified appraisal firm in NY. If you have an FHA-insured mortgage, be sure to contact Premier Appraisals, Inc., as we are approved and certified to handle FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.

If your home loan is FHA approved, that means that the loan has been secured by the FHA, which is underneath 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 paid for in case the borrower defaults on his or her loan obligations. Applicable to all consumers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lesser income or less starting funds to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.