The August Group Inc. is available for your FHA backed loans
The August Group Inc. is MO state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisal reports for FHA insured loans. A portion of the continuing training our staff at The August Group Inc. undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply secures the loan through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to aid low-to-moderate income consumers help meet credit expectations if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are incredibly useful to consumers with less starting income.