Fletcher AppraisingThe FHA publishes a list of approved appraisers for each state - Fletcher Appraising is on the roster of approved appraisers for NC. If you have an FHA-mortgage, be sure to call Fletcher Appraising, as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Fletcher Appraising is well-trained on how to comply with the rules and regulations provided. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. 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 underwritten by them. The lending company provides all the finances; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income consumers help meet credit expectations 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 offers are extremely useful to buyers with less starting income. |