The August Group Inc. is ready for your FHA backed loans
We assure you that The August Group Inc. is an FHA-certified appraisal provider in MO. If you have an FHA-insured mortgage, be sure to get with The August Group Inc., as we are approved and qualified to handle FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.
If your loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security through mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are formed to aid low-to-moderate income homebuyers help meet credit expectations if 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 capital to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs.