Need an appraisal for an FHA-backed mortgage? Call Preferred Appraisers, Inc.

We assure you that Preferred Appraisers, Inc. is an FHA-certified appraisal firm in NJ. If you have an FHA-secured mortgage, be sure to contact Preferred Appraisers, Inc., as we are approved and certified to produce FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.

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). The FHA does not loan funds to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are built to assist low-to-moderate income buyers help meet credit requirements if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are excessively beneficial to consumers with less starting capital.