Need an appraisal for an FHA-backed mortgage? Call Weaver Appraisal Group
The FHA maintains of approved appraisers for each state - Weaver Appraisal Group is on the roster of approved appraisers for NC. If you have an FHA-insured loan, be sure to get with Weaver Appraisal Group, as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Weaver Appraisal Group is well-trained on how to comply with the rules and regulations provided.
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.
An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all purchasers, FHA loan programs are built 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. The loan programs that the FHA provides are excessively useful to purchasers with less starting income.