Need an appraisal for an FHA-backed mortgage? Call Carter Valuation Services IncThe FHA maintains of approved appraisers for each state - Carter Valuation Services Inc is on the roster of approved appraisers for NC. This indicates that we are qualified and approved by the FHA to do reports for house loans backed by them. Part of the continuing training our staff at Carter Valuation Services Inc undergoes deals strictly with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal 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 financial transaction is an FHA-secured loan, it means it is backed by them. The lending organization provides all the finances; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to benefit low-to-moderate income buyers help meet credit requirements if 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 lesser income or less starting funds to put down on a mortgage are assisted the most from Federal Housing Administration loan programs. |