is Georgia state certified and on the FHA Roster of approved residential appraisers.
We're certified and approved to do appraisal reports for FHA secured financial transactions.
A certain amount of the ongoing training our staff at Brumley Appraisal Services, Inc. completes deals exclusively with understanding the FHA's documentation and their rules and procedures.
 |
 |
 |
If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
|
|
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 security through mortgage insurance in case the borrower defaults on his or her financial obligations.
Low-income and moderate-income consumers benefit the most from FHA-insured loan programs. The point of the Federal Housing Administration is to help credit-worthy buyers get approved for mortgages that they otherwise would not.
Remember, the FHA is different from the VA appraiser panel in that the lending organization can choose the appraiser.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
FHA loan programs are extremely useful to those buyers with less accessible starting capital.
