Ace Appraisal Services is your FHA certified appraisal companyAce Appraisal Services is GA state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do reports for FHA insured financial transactions. A certain amount of the ongoing training our staff at Ace Appraisal Services completes deals precisely with comprehending 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. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are formed to help low-to-moderate income buyers help meet credit expectations if they otherwise would not. 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 buyers with less starting capital. |