Need an appraisal for an FHA-backed mortgage? Call Weaver Appraisal Group

Weaver Appraisal Group is NC state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do appraisal reports for FHA insured financial transactions. A certain amount of the regular training our staff at Weaver Appraisal Group receives deals precisely with understanding the FHA's documentation and their rules and procedures.

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 secured by them. No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to aid low-to-moderate income buyers help meet credit qualifications if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting capital to use as a down-payment on a mortgage are helped the most from FHA loan programs.