Weaver Appraisal Group can do FHA appraisals
Weaver Appraisal Group is NC state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisals for house loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you're in need of an 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 it has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply insures the loan by providing mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and qualifications for lending agencies that they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting capital to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs.