AA Advanced Appraisals/ Advanced Real Estate Group is your FHA certified appraisal companyWe are happy to say that AA Advanced Appraisals/ Advanced Real Estate Group is an FHA-approved appraisal practice in MI. AA Advanced Appraisals/ Advanced Real Estate Group is qualified and approved to do appraisals for FHA insured loans. A certain amount of the periodic training our staff at AA Advanced Appraisals/ Advanced Real Estate Group receives deals exclusively with decoding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the finances; the FHA simply secures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all consumers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not meet requirements 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 useful to those homebuyers with less accessible starting capital. |