![]() AMG Appraisal, LLC can do FHA mortgagesWe assure you that AMG Appraisal, LLC is an FHA-approved appraisal service in NC. If you have an FHA-secured loan, be sure to contact AMG Appraisal, LLC, as we are approved and qualified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact AMG Appraisal, LLC if you need an appraisal done for an FHA-secured loan. If your house loan is FHA approved, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and qualifications for lending organizations that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those buyers with less available funding. |