Need an appraisal for an FHA-backed mortgage? Call Weaver Appraisal GroupWe are happy to say that Weaver Appraisal Group is an FHA-approved appraisal firm in NC. This means that we are certified and approved by the FHA to do reports for home loans backed by them. A certain amount of the regular training our staff at Weaver Appraisal Group 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 underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply backs the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income consumers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA offers are extremely useful to buyers with less starting capital. |