Need an appraisal for an FHA-backed mortgage? Call Pilcher AppraisalsThe FHA retains of approved appraisers for each state - Pilcher Appraisals is on the roster of approved appraisers for GA. This means that we are certified and approved by the FHA to do reports for property loans underwritten by them. A portion of the periodic training our staff at Pilcher Appraisals completes deals strictly with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with protection through mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to benefit low-to-moderate income purchasers help meet credit expectations if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are excessively useful to purchasers with less starting income. |