King Valuations, Inc. is ready for your FHA mortgagesWe confidently state that King Valuations, Inc. is an FHA-certified appraisal company in Georgia. If you have an FHA-insured mortgage, be sure to contact King Valuations, Inc., as we are approved and qualified to handle FHA appraisal reports. A certain amount of the regular training our staff at King Valuations, Inc. undergoes deals strictly with decoding the FHA's documentation and their rules and procedures.
If your property loan is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers. Rather, it provides lending agencies with protection with mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income borrowers benefit the most from FHA-secured loan programs. The purpose of the Federal Housing Administration is to help credit-worthy families and individuals get approved for mortgages that they otherwise would not. Remember that the lending organization approving a loan associated with the FHA is able to select which appraisers they work with, unlike the VA appraisal panel. 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 incredibly beneficial to purchasers with less starting capital. |
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