![]() Need an appraisal for an FHA-backed mortgage? Call Garvin Appraisal GroupThe FHA retains of approved appraisers for each state - Garvin Appraisal Group is on the roster of approved appraisers for SC. This means that we are certified and approved by the FHA to do reports for house loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your financial transaction is FHA certified, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower does not pay his or her loan obligations. The FHA and their loan programs are created to assist low-to-moderate income buyers help meet credit qualifications if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those homebuyers with less available funding. |