JWD Appraisal service LLC. can do FHA appraisals

Rest assured that JWD Appraisal service LLC. is an FHA-certified appraisal practice in NJ. We're qualified and approved to do appraisals for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is secured by them. The lending company provides all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all buyers, FHA loan programs are created to help 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. FHA loan programs are extremely useful to those homebuyers with less accessible starting capital.