Need an appraisal for an FHA-backed mortgage? Call (706) 624-3070The FHA keeps a roster of approved appraisers for each state - (706) 624-3070 is on the roster of approved appraisers for GA. We're qualified and approved to do appraisals for FHA secured loans. A portion of the ongoing training our staff at (706) 624-3070 receives deals strictly with understanding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the money in the loan; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to assist low-to-moderate income homebuyers help meet credit expectations 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. FHA loan programs are incredibly helpful to those consumers with less available starting capital. |