Need an appraisal for an FHA-backed mortgage? Call Prestige Appraisal, LLCPrestige Appraisal, LLC is NC state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to get with Prestige Appraisal, LLC, as we are approved and certified to perform FHA reports. A certain amount of the periodic training our staff at Prestige Appraisal, LLC undergoes deals strictly with comprehending 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. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is insured by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to assist low-to-moderate income buyers help meet credit qualifications 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. FHA loan programs are incredibly helpful to those consumers with less accumulated cash. |