Ultimate Georgia Appraisal, LLC can do FHA appraisalsUltimate Georgia Appraisal, LLC is GA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to contact Ultimate Georgia Appraisal, LLC, as we are approved and certified to perform FHA appraisal reports. A certain amount of the regular training our staff at Ultimate Georgia Appraisal, LLC completes deals strictly with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. 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-insured loan, it means it is secured by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and qualifications for lending agencies 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. The loan programs that the FHA offers are incredibly useful to consumers with less starting income. |