Need an appraisal for an FHA-backed mortgage? Call James Clark

Rest assured that James Clark is an FHA-certified appraisal service in NJ. This means that we are certified and approved by the FHA to do appraisal reports for property loans underwritten by them. A portion of the continuing training our staff at James Clark undergoes deals precisely with understanding the FHA's documentation and their rules and procedures.

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

An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply backs the loan by providing mortgage insurance in case the borrower defaults on his or her loan. Applicable to all purchasers, FHA loan programs are designed to aid 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. The loan programs that the Federal Housing Administration provides are extremely beneficial to consumers with less starting income.