Rapid Appraisal Service is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - Rapid Appraisal Service is on the roster of approved appraisers for GA. If you have an FHA-secured mortgage, be sure to hire Rapid Appraisal Service, as we are approved and qualified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your property loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization provides all the finances; the FHA simply backs the loan through mortgage insurance in case the borrower defaults on his or her loan. Applicable to all consumers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting funds to use as a down-payment on a mortgage benefit the most from Federal Housing Administration loan programs. |