The FHA retains the rolls of approved appraisers for each state - Turner Consulting and Evaluation is on the roster of approved appraisers for North Carolina.
If you have an FHA-secured loan, be sure to call Turner Consulting and Evaluation, as we are approved and qualified to handle FHA appraisals.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
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The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD); if your financial transaction is an FHA-secured loan, it means it is secured by them.
The FHA does not loan capital to borrowers. Rather, it provides lending agencies with security through mortgage insurance in case the borrower does not pay his or her financial obligations.
Low-income and moderate-income consumers benefit the most from FHA-secured loan programs. The purpose of the Federal Housing Administration is to aid credit-worthy consumers get approved for mortgages that they otherwise would not.
Remember, the FHA is different from the VA appraiser panel in that the lending agency can select the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
Purchasers with lesser incomes or less starting funds to put down on a mortgage are assisted the most from Federal Housing Administration loan programs.
