Scolastico Appraisals, LLC is your FHA certified appraisal companyThe FHA retains of approved appraisers for each state - Scolastico Appraisals, LLC is on the roster of approved appraisers for MA. If you have an FHA-secured mortgage, be sure to call Scolastico Appraisals, LLC, as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Scolastico Appraisals, LLC is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Scolastico Appraisals, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). None of the money in 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 purchasers help meet credit qualifications 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. Consumers with lower income or less starting capital to put down on a mortgage benefit the most from Federal Housing Administration loan programs. |