Weaver Appraisal Group is ready for your FHA mortgages
We are happy to say that Weaver Appraisal Group is an FHA-approved appraisal provider in NC. We're qualified and approved to do reports for FHA secured financial transactions. Part of the periodic training our staff at Weaver Appraisal Group receives deals strictly with decoding the FHA's documentation and their rules and procedures.
Be sure to contact Weaver Appraisal Group if you need an appraisal done for an FHA-secured loan.
An FHA loan is insured 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 funds to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and requirements for lending organizations that they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting capital to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.