Greg Stone Appraisal Company can do FHA mortgages

Rest assured that Greg Stone Appraisal Company is an FHA-approved appraisal provider in SC. This means that we are certified and approved by the FHA to do reports for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Greg Stone Appraisal Company is well-trained on how to follow the rules and regulations provided.

If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.

If your house loan is FHA approved, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply insures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to aid low-to-moderate income purchasers help meet credit expectations if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower income or less starting capital to put down on a loan are helped the most from FHA loan programs.