L. Ellis Appraisals Inc. is  FHA Certified and have extensive knowledge when dealing with the complexities of analyzing if a home conforms to FHA Standards.  We are on the FHA Roster of approved residential appraisers. 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.

New York FHA Real Estate Appraisal   Long Island Real Estate Appraisal

If you're in need of an appraisal for an FHA loan, please call Larry at 917-837-2744 and we'll be able to help you right away.

Queens FHA Real Estate Appraisal    Queens Home Appraisal  Nassau Real Estate Appraisal

 

An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance (MIP) in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are designed to help creditworthy low-income and moderate-income families who do not meet requirements for conventional loans. Remember, the FHA is different from the VA appraiser panel in that the lender can choose the appraiser.

Long Island Real Estate Appraiser    Queens Real Estate Appraisal

FHA loan programs are particularly beneficial to those buyers with less available cash. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.

 

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Long Island Real Estate Appraisal  Queens Real Estate Appraisal


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