Need an appraisal for an FHA-backed mortgage? Call JAMES HENRY CRUPI LLC.
We confidently state that JAMES HENRY CRUPI LLC. is an FHA-approved appraisal firm in NJ. If you have an FHA-secured loan, be sure to contact JAMES HENRY CRUPI LLC., as we are approved and certified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at JAMES HENRY CRUPI LLC. is well-trained on how to follow the rules and regulations provided.
If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.
If your property loan is FHA insured, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is paid for in case the borrower doesn't pay their loan. Available to all homebuyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting capital to put down on a mortgage are assisted the most from FHA loan programs.