Rest assured that Highland Appraisal Group, Inc. is an FHA-certified appraisal provider in Georgia.
If you have an FHA-secured loan, be sure to hire Highland Appraisal Group, Inc., as we are approved and certified to perform FHA reports.
A portion of the regular training our staff at Highland Appraisal Group, Inc. undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures.
If your financial transaction is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD).
None of the funds are provided by the FHA. What the FHA does is see to it that the loan is secure in case the borrower defaults on his or her loan obligations.
Low-income and moderate-income homebuyers benefit the most from FHA-backed loan programs. The purpose of the Federal Housing Administration is to aid credit-worthy potential buyers get approved for mortgages that they otherwise would not.
Remember, the FHA is different from the VA appraiser panel in that the lender can choose the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are extremely helpful to those buyers with less accumulated funding.
