The FHA keeps the rolls of approved appraisers for each state - Appraisal Associates of North Georgia is on the roster of approved appraisers for Georgia.
If you have an FHA-insured mortgage, be sure to call Appraisal Associates of North Georgia, as we are approved and certified to perform FHA reports.
Part of the ongoing training our staff at Appraisal Associates of North Georgia undergoes deals precisely with decoding the FHA's documentation and their rules and procedures.
If your home loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD).
None of the funds are provided by the FHA. What the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan.
The FHA and their loan programs are formed to help low-to-moderate income homebuyers by easing credit expectations.
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.
FHA loan programs are extremely beneficial to those purchasers with less accumulated cash.
