Need an appraisal for an FHA-backed mortgage? Call Janet Arbeter, Appraiser

The FHA maintains a roster of approved appraisers for each state - Janet Arbeter, Appraiser is on the roster of approved appraisers for Pennsylvania.  We're certified and approved to do reports for FHA secured loans. Part of the periodic training our staff at Janet Arbeter, Appraiser receives deals strictly with comprehending the FHA's documentation and their rules and procedures.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

If your property loan is FHA insured, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers. Rather, it provides lending agencies with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit the most from FHA-insured loan programs. The purpose of the Federal Housing Administration is to aid credit-worthy consumers get approved for mortgages that they otherwise would not. Remember, the FHA differs from the VA appraiser panel in that the lender can pick the appraiser.

Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lower incomes or less starting money to put down on a loan benefit the most from Federal Housing Administration loan programs.