Allatoona Appraisal is your FHA certified appraisal company
Rest assured that Allatoona Appraisal is an FHA-approved appraisal practice in GA. This means that we are certified and approved by the FHA to do appraisals for home loans backed by them. A portion of the continuing training our staff at Allatoona Appraisal receives deals precisely 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 secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply secures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all homebuyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly beneficial to those buyers with less available starting capital.