Need an appraisal for an FHA-backed mortgage? Call Sturdivant & AssocThe FHA retains of approved appraisers for each state - Sturdivant & Assoc is on the roster of approved appraisers for NC. Sturdivant & Assoc is certified and approved to do appraisals for FHA insured loans. Part of the periodic training our staff at Sturdivant & Assoc receives deals precisely with decoding the FHA's documentation and their rules and procedures. Be sure to contact Sturdivant & Assoc if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly helpful to those consumers with less accessible starting capital. |