Allatoona Appraisal is your FHA certified appraisal company
The FHA maintains of approved appraisers for each state - Allatoona Appraisal is on the roster of approved appraisers for GA. Allatoona Appraisal is certified and approved to do appraisals for FHA insured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
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 financial transaction is an FHA-insured loan, it means it is backed by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are created to benefit low-to-moderate income consumers help meet credit requirements if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly helpful to those purchasers with less accessible funding.