The FHA keeps a list of approved appraisers for each state - APPRAISAL ONE SERVICES, INC. - TAMMY MARSH is on the roster of approved appraisers for Virginia.
APPRAISAL ONE SERVICES, INC. - TAMMY MARSH is qualified and approved to do reports for FHA insured financial transactions.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD).
The FHA does not loan capital to borrowers. Rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower defaults on his or her loan obligations.
The FHA and their loan programs are built to assist low-to-moderate income buyers by easing credit requirements.
Remember, the FHA is different from the VA appraiser panel in that the lending organization can select the appraisal company.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
The loan programs that the FHA provides are incredibly beneficial to consumers with minimal starting income.