JAMES HENRY CRUPI LLC. is your FHA certified appraisal company
JAMES HENRY CRUPI LLC. is NJ state certified and on the FHA Roster of approved residential appraisers. JAMES HENRY CRUPI LLC. is certified and approved to do appraisal reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact JAMES HENRY CRUPI LLC. if you need an appraisal done for an FHA-secured loan.
If your house loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply secures the loan with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to assist low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are acutely helpful to buyers with less starting income.