Need an appraisal for an FHA-backed mortgage? Call Gregory James Company, Inc.

Gregory James Company, Inc. is GA state certified and on the FHA Roster of approved residential appraisers. This means that we are qualified and approved by the FHA to do appraisals for home loans backed 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 report for an FHA loan, please contact us, and we'll be able to help you right away.

If your property loan is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the loan is insured in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and qualifications for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting funds to put down on a mortgage benefit the most from Federal Housing Administration loan programs.