Stonebridge CapitalRest assured that Stonebridge Capital is an FHA-certified appraisal service in PA. We are certified 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. Be sure to contact Stonebridge Capital if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower does not pay his or her financial obligations. Applicable to all buyers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are extremely useful to purchasers with less starting capital. |