Need an appraisal for an FHA-backed mortgage? Call Allatoona Appraisal

Allatoona Appraisal is GA state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do reports for FHA secured loans. Part of the regular training our staff at Allatoona Appraisal receives deals precisely with understanding the FHA's documentation and their rules and procedures.

If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.

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-insured loan, it means it is underwritten by them. No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and requirements for lenders that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those purchasers with less available funding.