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

Rest assured that Gregory James Company, Inc. is an FHA-certified appraisal company in GA. This indicates that we are qualified and approved by the FHA to do appraisal reports for home loans backed by them. A certain amount of the periodic training our staff at Gregory James Company, Inc. receives deals strictly with understanding 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.

The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. The FHA does not loan funds to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy potential buyers 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 lesser income or less starting capital to use as a down-payment on a mortgage are assisted the most from Federal Housing Administration loan programs.