Need an appraisal for an FHA-backed mortgage? Call Allstate Property Appraisal Services

Rest assured that Allstate Property Appraisal Services is an FHA-certified appraisal provider in New Jersey.  If you have an FHA-insured loan, be sure to get with Allstate Property Appraisal Services, as we are approved and qualified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

If your home loan is FHA insured, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA. What the FHA does is see to it that the mortgage is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit the most from FHA-backed loan programs. The point of the Federal Housing Administration is to aid credit-worthy families and individuals get approved for mortgages that they otherwise would not. Remember that the lending agency working with the the Federal Housing Administration is free to choose their appraisers, unlike the VA appraisal panel.

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 cash.