Upstate Appraisals LLC is approved for FHA workRest assured that Upstate Appraisals LLC is an FHA-approved appraisal firm in SC. If you have an FHA-insured mortgage, be sure to contact Upstate Appraisals LLC, as we are approved and certified to produce FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Upstate Appraisals LLC is well-trained on how to follow the rules and regulations provided. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. 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 secured by them. The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. Accessible to all homebuyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those buyers with less accumulated cash. |