Need an appraisal for an FHA-backed mortgage? Call Partridge Real Estate AppraisalsPartridge Real Estate Appraisals is NC state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisals for house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Partridge Real Estate Appraisals is well-trained on how to comply with the rules and regulations provided. Be sure to contact Partridge Real Estate Appraisals if you need an appraisal done for an FHA-secured loan. If your property loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income consumers help meet credit requirements if they otherwise would not. 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 incredibly beneficial to buyers with less starting capital. |