Appraisal Inc.

We confidently state that Appraisal Inc. is an FHA-approved appraisal service in North Carolina.  If you have an FHA-loan, be sure to contact Appraisal Inc., as we are approved and qualified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Appraisal Inc. is well-trained on how to work in accordance with the rules and regulations provided.

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 loan is an FHA-insured loan, it means it is underwritten by them. No part of the loan is provided by the FHA. What the FHA does is make sure that the loan is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to help low-to-moderate income consumers by easing credit qualifications. Remember that the lending agency working with the the FHA is authorized to pick which appraisers they will use, different from VA appraisal panel.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lesser incomes or less starting funds to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.