Seaside Appraisals is your FHA certified appraisal companySeaside Appraisals is NC state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do appraisals for FHA insured financial transactions. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Seaside Appraisals is well-trained on how to comply with the rules and regulations provided. Be sure to contact Seaside Appraisals if you need an appraisal done for an FHA-secured 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-secured loan, it means it is underwritten by them. The FHA does not loan capital to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting funds to put down on a mortgage are assisted the most from FHA loan programs. |