Need an appraisal for an FHA-backed mortgage? Call Robert Payne (336) 870-1397Robert Payne (336) 870-1397 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 appraisal reports for home loans insured by them. Part of the ongoing training our staff at Robert Payne (336) 870-1397 undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures. Be sure to contact Robert Payne (336) 870-1397 if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is backed by them. The lender takes care of all the finances; the FHA simply secures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser income or less starting capital to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs. |