Highland Appraisals is your FHA certified appraisal company

We are happy to say that Highland Appraisals is an FHA-certified appraisal company in CT. This means that we are certified and approved by the FHA to do reports for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Highland Appraisals is well-trained on how to comply with the rules and regulations provided.

If your financial transaction is FHA approved, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely helpful to those consumers with less accessible starting capital.