Bret Mundy Real Estate LLC is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - Bret Mundy Real Estate LLC is on the roster of approved appraisers for NC. We are qualified and approved to do reports for FHA insured loans. 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 underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply backs the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Available to all buyers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly useful to those purchasers with less accessible cash. |