Need an appraisal for an FHA-backed mortgage? Call AMC Appraisal Co., IncThe FHA maintains of approved appraisers for each state - AMC Appraisal Co., Inc is on the roster of approved appraisers for RI. AMC Appraisal Co., Inc is qualified and approved to do appraisal reports for FHA insured loans. 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. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is backed by them. The lender takes care of all the finances; the FHA simply secures the loan with mortgage insurance in case the borrower defaults on his or her loan. Available to all homebuyers, FHA loan programs are formed to assist 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 particularly helpful to those consumers with less accessible cash. |