Need an appraisal for an FHA-backed mortgage? Call Chase Tobias

Rest assured that Chase Tobias is an FHA-certified appraisal company in PA. If you have an FHA-insured mortgage, be sure to call Chase Tobias, as we are approved and qualified to handle FHA appraisals. Part of the ongoing training our staff at Chase Tobias completes deals strictly with decoding the FHA's documentation and their rules and procedures.

An FHA loan is insured 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 loaned money; the FHA simply secures the loan through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to assist low-to-moderate income consumers help meet credit qualifications if 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 money to use as a down-payment on a financial transaction benefit the most from FHA loan programs.