is Tennessee state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-mortgage, be sure to call Accurate Apprsisal Group, as we are approved and qualified to handle FHA appraisal reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD).
No part of the loan is provided by the FHA. What the FHA does is make sure that the loan is paid for in case the borrower doesn't pay their loan.
The FHA and their loan programs are created to assist low-to-moderate income consumers by easing credit requirements.
Remember that the lender working with the the FHA is permitted to choose which appraisers they work with, different from VA appraisal panel.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates.
FHA loan programs are extremely useful to those consumers with less available cash.
