R.M. Rose

Rest assured that R.M. Rose is an FHA-certified appraisal company in PA. If you have an FHA-secured loan, be sure to hire R.M. Rose, as we are approved and qualified to handle FHA reports. A certain amount of the continuing training our staff at R.M. Rose receives deals precisely with decoding the FHA's documentation and their rules and procedures.

Be sure to contact R.M. Rose if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is secured by them. None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and necessities for lending agencies 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 particularly beneficial to those buyers with less available funding.