Need an appraisal for an FHA-backed mortgage? Call Keith McGregor

Keith McGregor is NJ state certified and on the FHA Roster of approved residential appraisers. We’re qualified and approved to do appraisals for FHA secured loans. We’re trained and understand the rules and procedures in FHA’s guidance and policy documents.

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

If your property loan is FHA insured, that means that it has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income home buyers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and requirements 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. Purchasers with lower income or less starting funds to use as a down-payment on a loan benefit the most from Federal Housing Administration loan programs.