Weaver Appraisal GroupThe FHA retains of approved appraisers for each state - Weaver Appraisal Group is on the roster of approved appraisers for NC. This indicates that we are qualified and approved by the FHA to do reports for house loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Weaver Appraisal Group if you need an appraisal done for an FHA-secured 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 loan is an FHA-secured loan, it means it is insured by them. The FHA does not loan capital to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower does not pay his or her loan obligations. Available to all homebuyers, FHA loan programs are created 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 helpful to those purchasers with less available cash. |