Need an appraisal for an FHA-backed mortgage? Call The August Group Inc.The August Group Inc. is MO state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to call The August Group Inc., as we are approved and certified to produce FHA appraisal reports. Part of the ongoing training our staff at The August Group Inc. undergoes deals precisely with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are created to aid low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA provides are excessively helpful to purchasers with less starting income. |