The Northcutt GroupRest assured that The Northcutt Group is an FHA-certified appraisal service in NC. If you have an FHA-insured loan, be sure to call The Northcutt Group, as we are approved and certified to handle FHA appraisal reports. A certain amount of the continuing training our staff at The Northcutt Group completes deals precisely with understanding the FHA's documentation and their rules and procedures. Be sure to contact The Northcutt Group if you need an appraisal done for an FHA-secured loan. If your property loan is FHA certified, 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). No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is paid for in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and necessities for lending organizations that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are incredibly useful to purchasers with less starting capital. |