Firedancer AppraisalsFiredancer Appraisals is NC state certified and on the FHA Roster of approved residential appraisers. We are certified and approved to do reports for FHA secured financial transactions. A portion of the ongoing training our staff at Firedancer Appraisals completes deals precisely with understanding the FHA's documentation and their rules and procedures. Be sure to contact Firedancer Appraisals if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency 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 money to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower defaults on his or her financial obligations. Available to all homebuyers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are acutely useful to buyers with less starting income. |