Need an appraisal for an FHA-backed mortgage? Call P.S. & D. Appraisals

Rest assured that P.S. & D. Appraisals is an FHA-certified appraisal practice in NC. If you have an FHA-insured loan, be sure to get with P.S. & D. Appraisals, as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at P.S. & D. Appraisals is well-trained on how to comply with the rules and regulations provided.

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. None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are built to assist low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting funds to use as a down-payment on a financial transaction benefit the most from FHA loan programs.