Need an appraisal for an FHA-backed mortgage? Call Southern Star Real Estate Services

The FHA maintains of approved appraisers for each state - Southern Star Real Estate Services is on the roster of approved appraisers for Georgia. We're qualified and approved to do reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Southern Star Real Estate Services is well-trained on how to work in accordance with the rules and regulations provided.

If your home loan is FHA insured, that means that it has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are created to aid low-to-moderate income purchasers help meet credit expectations if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are extremely helpful to purchasers with less starting capital.

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