Need an appraisal for an FHA-backed mortgage? Call Southern Star Real Estate ServicesThe FHA publishes a list of approved appraisers for each state - Southern Star Real Estate Services is on the roster of approved appraisers for Georgia. We are certified and approved to do appraisal reports for FHA secured loans. 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 comply with the rules and regulations provided. Be sure to contact Southern Star Real Estate Services if you need an appraisal done for an FHA-secured loan. If your loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to benefit 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 Federal Housing Administration offers are excessively helpful to buyers with less starting capital. |
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