On Time Appraisals is on the FHA Roster of approved residential appraisers. 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.  We're qualified and approved to do appraisals for FHA insured loans. 

We know the majority of the loans processed are presently FHA Loans estimated at 60-70% of the loans processed over the last 6 months.  We're trained and understand the rules and procedures in FHA's guidance and policy documents.  We know turn times are important and procedures need to be followed or the reports will not be accepted by FHA.  We take pride in our fast turn around times and extensive Quality Control features.

An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders protection through mortgage insurance (MIP) in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are designed to help creditworthy low-income and moderate-income families who do not meet requirements for conventional loans. Remember, the FHA is different from the VA appraiser panel in that the lender can choose the appraiser.

Due to the current market, the FHA loan programs are particularly beneficial to those buyers with less available cash.  The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.