Need an appraisal for an FHA-backed mortgage? Call Hallmark Properties, Inc.

The FHA keeps a roster of approved appraisers for each state - Hallmark Properties, Inc. is on the roster of approved appraisers for VA. This indicates that we are qualified and approved by the FHA to do reports for home loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Hallmark Properties, Inc. if you need an appraisal done for an FHA-secured loan.

If your house loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income homebuyers help meet credit requirements if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely helpful to those purchasers with less available starting capital.