is North Carolina state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-mortgage, be sure to call The Parker Agency, Inc., as we are approved and qualified to produce FHA reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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 insured by them.
The FHA does not loan capital to borrowers. Rather, it provides lending organizations with protection through mortgage insurance in case the borrower defaults on his or her loan obligations.
The FHA and their loan programs are created to benefit low-to-moderate income homebuyers by easing credit expectations.
Unlike the VA appraiser panel, the lender working with FHA actually has the freedom to choose the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are particularly useful to those purchasers with less accessible starting capital.
