Glassey and Glassey Appraisal is your FHA certified appraisal company

Rest assured that Glassey and Glassey Appraisal is an FHA and VA-approved appraisal practice in IL. This means that we are qualified and approved by the FHA and VA to do reports for property loans backed by them. We're trained and understand the rules and procedures in their guidance and policy documents.

Be sure to contact Glassey and Glassey Appraisal if you need an appraisal done for an FHA or VA-secured loan.

An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting money to put down on a mortgage benefit the most from FHA loan programs.