Need an appraisal for an FHA-backed mortgage? Call All State Appraisal Partners, Inc.
All State Appraisal Partners, Inc. is NC state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisal reports for home loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.
If your house loan is FHA certified, that means that it has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization provides all the money in the loan; the FHA simply secures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income consumers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and necessities for lenders that 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 incredibly beneficial to those consumers with less available funding.
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