R.J.K. Appraisals

The FHA retains of approved appraisers for each state - R.J.K. Appraisals is on the roster of approved appraisers for IL. This means that we are qualified and approved by the FHA to do appraisal reports for home loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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

An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower does not pay his or her loan obligations. Available to all buyers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly beneficial to those purchasers with less available cash.