Need an appraisal for an FHA-backed mortgage? Call Adamec Appraisals, Faith H. Adamec,

Adamec Appraisals, Faith H. Adamec, is NY state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do appraisals for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

If your home loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the money in the loan; the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. Available to all buyers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting money to use as a down-payment on a loan are assisted the most from FHA loan programs.