11A Appraisal Services, Inc. can do FHA backed loansWe confidently state that 11A Appraisal Services, Inc. is an FHA-approved appraisal firm in GA. This indicates that we are qualified and approved by the FHA to do appraisals for property loans underwritten by them. A portion of the ongoing training our staff at 11A Appraisal Services, Inc. receives deals precisely with comprehending the FHA's documentation and their rules and procedures. If you need an appraisal report 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 financial transaction is an FHA loan, it means it is insured by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to aid low-to-moderate income buyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly helpful to those homebuyers with less available starting capital. |