is Georgia state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-loan, be sure to get with Suttles & Associates, Inc., as we are approved and qualified to produce FHA appraisals.
A portion of the periodic training our staff at Suttles & Associates, Inc. undergoes deals exclusively with comprehending the FHA's documentation and their rules and procedures.
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 insured by them.
The FHA does not provide funds to borrowers. Rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations.
Available to all homebuyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Remember that the lender approving a loan associated with the Federal Housing Administration is free to pick their appraisers, different from VA appraisal panel.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are particularly helpful to those homebuyers with less available funding.
