The FHA retains the rolls of approved appraisers for each state - AVR Appraisals, LLC is on the roster of approved appraisers for North Carolina.
This indicates that we are qualified and approved by the FHA to do appraisal reports for home loans backed by them.
A portion of the periodic training our staff at AVR Appraisals, LLC undergoes deals strictly with decoding the FHA's documentation and their rules and procedures.
 |
 |
 |
If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
|
|
An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD).
No part of the loan is provided by the FHA. What the FHA does is see to it that the loan is paid for in case the borrower doesn't pay their loan.
The FHA and their loan programs are built to benefit low-to-moderate income purchasers by easing credit expectations.
Remember, the FHA deviates from the VA appraiser panel in that the lender can select the appraisal company.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates.
The loan programs that the FHA offers are invaluable to buyers with less starting income.
