JAMES HENRY CRUPI LLC. is approved for FHA work
JAMES HENRY CRUPI LLC. is NJ state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to get with JAMES HENRY CRUPI LLC., as we are approved and certified to handle FHA appraisal reports. A portion of the ongoing training our staff at JAMES HENRY CRUPI LLC. receives deals precisely 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.
An FHA loan is backed by the Federal Housing Administration, a federal agency 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 loan is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are created to benefit low-to-moderate income purchasers help meet credit expectations if they otherwise would not.
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 buyers with less starting income.