Weaver Appraisal Group can do FHA mortgages
Weaver Appraisal Group is NC state certified and on the FHA Roster of approved residential appraisers. Weaver Appraisal Group is qualified and approved to do reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Weaver Appraisal Group is well-trained on how to follow the rules and regulations provided.
Be sure to contact Weaver Appraisal Group 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. The FHA does not loan capital to borrowers, rather, it provides lending organizations with security with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are designed to aid low-to-moderate income consumers help meet credit qualifications if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting money to use as a down-payment on a loan are assisted the most from FHA loan programs.