Rest assured that Deborah B. Trusty is an FHA-certified appraisal practice in South Carolina.
If you have an FHA-insured mortgage, be sure to call Deborah B. Trusty, as we are approved and certified 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're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
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If your home loan is FHA approved, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD).
The lending company provides all the loaned money - the FHA simply backs the loan by providing mortgage insurance in case the borrower defaults on his or her loan.
The FHA and their loan programs are created to aid low-to-moderate income homebuyers by easing credit requirements.
Remember that the lender working with the the Federal Housing Administration is able to choose the appraisal company with which they'll work, different from VA appraisal panel.
Down payments are often lower with an FHA loan despite using conventional market rates.
The loan programs that the FHA offers are lifesavers to purchasers with less starting capital.