Appraisal Service Co. is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - Appraisal Service Co. is on the roster of approved appraisers for NC. Appraisal Service Co. is qualified and approved to do appraisal reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Appraisal Service Co. is well-trained on how to work in accordance with the rules and regulations provided. 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. If your financial transaction is FHA insured, that means that it has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income consumers help meet credit qualifications if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lesser income or less starting capital to use as a down-payment on a mortgage are helped the most from FHA loan programs. |