Need an appraisal for an FHA-backed mortgage? Call James Earp Appraisal ServiceJames Earp Appraisal Service is NC state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do reports for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at James Earp Appraisal Service is well-trained on how to comply with the rules and regulations provided. Be sure to contact James Earp Appraisal Service if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. Available to all homebuyers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are excessively useful to buyers with less starting capital. |