We assure you that Hardy Appraisal Service is an FHA-approved appraisal company in Alabama.
We are qualified and approved to do appraisal reports for FHA insured financial transactions.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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If your home loan is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD).
The FHA does not loan money to borrowers. Rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her loan obligations.
The FHA and their loan programs are formed to help low-to-moderate income homebuyers by easing credit qualifications.
Remember, the FHA deviates from the VA appraiser panel in that the lending agency can select the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
Purchasers with lesser incomes or less starting capital to use as a down-payment on a loan benefit the most from FHA loan programs.