Kristen Smith is approved for FHA workThe FHA maintains of approved appraisers for each state - Kristen Smith is on the roster of approved appraisers for NC. If you have an FHA-insured loan, be sure to hire Kristen Smith, as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Kristen Smith is well-trained on how to follow the rules and regulations provided. If you need an appraisal 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 organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is secured by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. Applicable to all homebuyers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting capital to put down on a financial transaction are helped the most from Federal Housing Administration loan programs. |