Need an appraisal for an FHA-backed mortgage? Call Colcord & AssociatesColcord & Associates is GA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to get with Colcord & Associates, as we are approved and qualified to perform FHA reports. Part of the periodic training our staff at Colcord & Associates completes deals strictly with understanding the FHA's documentation and their rules and procedures. Be sure to contact Colcord & Associates if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the loan is paid for in case the borrower doesn't pay their loan. The FHA and their loan programs are created to assist 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 Federal Housing Administration provides are excessively beneficial to consumers with less starting capital. |