Need an appraisal for an FHA-backed mortgage? Call Gary JohnsonRest assured that Gary Johnson is an FHA-approved appraisal practice in GA. This means that we are certified and approved by the FHA to do appraisals for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Gary Johnson is well-trained on how to comply with the rules and regulations provided. Be sure to contact Gary Johnson if you need an appraisal done for an FHA-secured loan. 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 underwritten by them. The lending organization takes care of all the loaned money; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to aid low-to-moderate income purchasers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are excessively helpful to purchasers with less starting capital. |