Need an appraisal for an FHA-backed mortgage? Call Gregory Lemone Appraisal Associates

The FHA maintains of approved appraisers for each state - Gregory Lemone Appraisal Associates is on the roster of approved appraisers for CT. If you have an FHA-insured mortgage, be sure to get with Gregory Lemone Appraisal Associates, as we are approved and certified to produce FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

If your house loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States 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 loan is insured in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly helpful to those consumers with less accessible starting capital.