The August Group Inc. is your FHA certified appraisal company
The August Group Inc. is MO state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisal reports for home loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.
If your house loan is FHA insured, that means that the loan 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 mortgage is secure in case the borrower doesn't pay their loan. Applicable to all purchasers, FHA loan programs are formed to aid 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 offers are acutely useful to consumers with less starting income.