Need an appraisal for an FHA-backed mortgage? Call A. M. Appraisals

Rest assured that A. M. Appraisals is an FHA-certified appraisal service in SC. We are certified and approved to do appraisal reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact A. M. Appraisals if you need an appraisal done for an FHA-secured loan.

If your financial transaction is FHA certified, that means that it has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and qualifications for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting money to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs.