Need an appraisal for an FHA-backed mortgage? Call Weaver Appraisal Group
Rest assured that Weaver Appraisal Group is an FHA-certified appraisal provider in NC. Weaver Appraisal Group is qualified and approved to do appraisals for FHA insured loans. A portion of the continuing training our staff at Weaver Appraisal Group receives deals precisely with understanding the FHA's documentation and their rules and procedures.
Be sure to contact Weaver Appraisal Group if you need an appraisal done for an FHA-secured loan.
If your house loan is FHA certified, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her financial obligations. Available to all buyers, FHA loan programs are designed to assist 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. Purchasers with lower income or less starting money to put down on a mortgage benefit the most from FHA loan programs.