Need an appraisal for an FHA-backed mortgage? Call Kim George Appraisals

The FHA retains of approved appraisers for each state - Kim George Appraisals is on the roster of approved appraisers for GA. This indicates that we are certified and approved by the FHA to do appraisal reports for house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Kim George Appraisals is well-trained on how to follow the rules and regulations provided.

An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with protection by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are incredibly useful to buyers with less starting income.