Paramount AppraisersParamount Appraisers is NC state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to hire Paramount Appraisers, as we are approved and certified to produce FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. 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 mortgage is secure in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are exceedingly beneficial to buyers with less starting capital. |