is Georgia state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-secured mortgage, be sure to hire Appraisals For Land & Homes, as we are approved and qualified to produce FHA appraisal reports.
FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Appraisals For Land & Homes is well-trained on how to work in accordance with the rules and regulations provided.
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If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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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 secured by them.
The lending organization takes care of all the loaned money - the FHA simply secures the transaction through mortgage insurance in case the borrower defaults on his or her loan.
Low-income and moderate-income consumers benefit the most from FHA-insured loan programs. The point of the Federal Housing Administration is to aid credit-worthy potential buyers get approved for mortgages that they otherwise would not.
Remember, the FHA is different from the VA appraiser panel in that the lender can choose the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
The loan programs that the FHA offers are extremely useful to purchasers with less starting capital.