Platt Appraisal CompanyThe FHA publishes a list of approved appraisers for each state - Platt Appraisal Company is on the roster of approved appraisers for SC. We're certified and approved to do reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Platt Appraisal Company is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Platt Appraisal Company if you need an appraisal done for an FHA-secured loan. If your property loan is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is insured in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are formed to aid 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. FHA loan programs are incredibly helpful to those buyers with less available funding. |