Ultimate Georgia Appraisal, LLCUltimate Georgia Appraisal, LLC is GA state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do appraisals for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Ultimate Georgia Appraisal, LLC 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 financial transaction is an FHA-insured loan, it means it is underwritten by them. None of the funds are provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and requirements for lending organizations that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are particularly beneficial to those buyers with less accumulated cash. |