Rest assured that JRW International Inc. is an FHA-certified appraisal practice in Georgia.
We're qualified and approved to do appraisals for FHA insured financial transactions.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your home loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD).
The lending organization provides all the financing - the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan.
The FHA and their loan programs are formed to help low-to-moderate income homebuyers by easing credit qualifications.
Unlike the VA appraiser panel, the lending agency working with Federal Housing Administration has the freedom to pick the appraiser.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Consumers with lesser incomes or less starting money to use as a down-payment on a financial transaction are helped the most from Federal Housing Administration loan programs.