Crosby and Company Appraisal, Inc.

The FHA retains of approved appraisers for each state - Crosby and Company Appraisal, Inc. is on the roster of approved appraisers for GA. This means that we are qualified and approved by the FHA to do appraisals for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Crosby and Company Appraisal, Inc. is well-trained on how to comply with the rules and regulations provided.

Be sure to contact Crosby and Company Appraisal, Inc. if you need an appraisal done for an FHA-secured loan.

If your loan is FHA approved, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and qualifications for lending organizations that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lower income or less starting funds to put down on a loan benefit the most from FHA loan programs.