R. Raeford Rhyne Realty, Inc. is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - R. Raeford Rhyne Realty, Inc. is on the roster of approved appraisers for NC. This means that we are qualified and approved by the FHA to do reports for property loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at R. Raeford Rhyne Realty, Inc. is well-trained on how to comply with the rules and regulations provided. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. If your home loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply backs the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income purchasers 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 FHA offers are incredibly useful to purchasers with less starting income. |