MAC Valuations is your FHA certified appraisal companyMAC Valuations is GA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to get with MAC Valuations, as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at MAC Valuations is well-trained on how to work in accordance with the rules and regulations provided. If you need an appraisal 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-secured loan, it means it is backed by them. The lending company takes care of all the finances; the FHA simply backs the transaction through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to assist low-to-moderate income purchasers help meet credit qualifications if 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 particularly beneficial to those buyers with less available cash. |