The August Group Inc. is approved for FHA workThe FHA publishes a list of approved appraisers for each state - The August Group Inc. is on the roster of approved appraisers for MO. We are certified and approved to do reports for FHA secured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. 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 underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all consumers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly beneficial to those homebuyers with less accumulated funding. |