The FHA maintains of approved appraisers for each state - JWD APPRAISAL SERVICE, LLC. is on the roster of approved appraisers for NJ. JWD APPRAISAL SERVICE, LLC. is qualified and approved to do reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact JWD APPRAISAL SERVICE, LLC. if you need an appraisal done for an FHA-secured loan.

An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply backs the transaction with mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are formed to assist 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. Buyers with lower income or less starting capital to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.