William Church Appraisals is available for your FHA workWilliam Church Appraisals is NC state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to get with William Church Appraisals, as we are approved and qualified to handle FHA reports. A portion of the ongoing training our staff at William Church Appraisals completes deals precisely with understanding 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. 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-insured loan, it means it is backed by them. None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower defaults on his or her loan obligations. Accessible to all purchasers, FHA loan programs are made to aid 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. The loan programs that the Federal Housing Administration provides are exceedingly helpful to consumers with less starting income. |