Need an appraisal for an FHA-backed mortgage? Call Mays Appraisal ServicesThe FHA retains of approved appraisers for each state - Mays Appraisal Services is on the roster of approved appraisers for GA. We're qualified and approved to do reports for FHA insured loans. A portion of the continuing training our staff at Mays Appraisal Services completes deals precisely with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the finances; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income consumers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly helpful to those purchasers with less accumulated cash. |