Perry & Associates, Inc

FHA-approved appraisal practice in Indiana.  If you have an FHA-secured mortgage, be sure to hire Perry & Associates, Inc, as we are approved and certified to produce FHA appraisals.

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

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 loan, it means it is underwritten by them. The lending organization provides all the loaned money - the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to aid low-to-moderate income purchasers by easing credit requirements. Unlike the VA appraiser panel, the lending organization working with FHA actually has the freedom to pick the appraiser.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those consumers with less accessible starting capital.