The August Group Inc. is your FHA certified appraisal company
The August Group Inc. is MO state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to hire The August Group Inc., as we are approved and qualified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Be sure to contact The August Group Inc. if you need an appraisal done for an FHA-secured loan.
An FHA loan is backed 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 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 formed to assist low-to-moderate income consumers 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. Buyers with lower income or less starting money to put down on a mortgage are helped the most from Federal Housing Administration loan programs.