Need an appraisal for an FHA-backed mortgage? Call ERBES APPRAISALS, INC.

We confidently state that ERBES APPRAISALS, INC. is an FHA-approved appraisal service in NY. We are certified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at ERBES APPRAISALS, INC. is well-trained on how to comply with the rules and regulations provided.

Be sure to contact ERBES APPRAISALS, INC. 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). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan. Accessible to all consumers, FHA loan programs are designed 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. The loan programs that the FHA offers are acutely useful to purchasers with less starting capital.