AMC Appraisal Co., Inc is your FHA certified appraisal companyAMC Appraisal Co., Inc is RI state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to contact AMC Appraisal Co., Inc, as we are approved and qualified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is insured 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 loan money to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to benefit low-to-moderate income buyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those consumers with less accumulated funding. |