Holmes Appraisal Service is your FHA certified appraisal companyThe FHA maintains of approved appraisers for each state - Holmes Appraisal Service is on the roster of approved appraisers for GA. This indicates that we are certified and approved by the FHA to do reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Holmes Appraisal Service is well-trained on how to comply with the rules and regulations provided. Be sure to contact Holmes Appraisal Service if you need an appraisal done for an FHA-secured loan. 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 loan is an FHA loan, it means it is insured by them. None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Available to all consumers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are particularly helpful to those purchasers with less accessible cash. |