![]() Need an appraisal for an FHA-backed mortgage? Call Five County AppraisalRest assured that Five County Appraisal is an FHA-certified appraisal firm in NC. We're certified and approved to do appraisals for FHA insured financial transactions. A certain amount of the continuing training our staff at Five County Appraisal receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured 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 financial transaction is an FHA-insured loan, it means it is backed by them. The FHA does not loan capital to borrowers, rather, it provides lending organizations with safety by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Applicable to all buyers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those purchasers with less accessible starting capital. |