Barri Riley is your FHA certified appraisal companyWe assure you that Barri Riley is an FHA-approved appraisal practice in PA. If you have an FHA-insured mortgage, be sure to contact Barri Riley, as we are approved and qualified to perform FHA reports. A certain amount of the ongoing training our staff at Barri Riley receives deals precisely with understanding the FHA's documentation and their rules and procedures. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is backed by them. No part of the loan is 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. Applicable to all purchasers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. 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 FHA provides are acutely useful to consumers with less starting capital. |