Need an appraisal for an FHA-backed mortgage? Call Bret Mundy Real Estate LLCThe 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're certified and approved to do appraisals for FHA secured loans. Part of the periodic training our staff at Bret Mundy Real Estate LLC undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures. If you need an report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. Accessible to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements 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 consumers with less accessible starting capital. |