Premier Appraisals, Inc. is your FHA certified appraisal company

We are happy to say that Premier Appraisals, Inc. is an FHA-certified appraisal firm in NY. If you have an FHA-insured mortgage, be sure to get with Premier Appraisals, Inc., as we are approved and certified to produce FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

If your property loan is FHA certified, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the loaned money; the FHA simply secures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all homebuyers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting funds to put down on a loan benefit the most from FHA loan programs.