South Eastern Appraisal, Inc. is your FHA certified appraisal companyThe FHA publishes a list of approved appraisers for each state - South Eastern Appraisal, Inc. is on the roster of approved appraisers for KY. If you have an FHA-secured loan, be sure to hire South Eastern Appraisal, Inc., as we are approved and qualified to handle FHA reports. A certain amount of the periodic training our staff at South Eastern Appraisal, Inc. completes deals precisely with understanding the FHA's documentation and their rules and procedures. If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the finances; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all buyers, FHA loan programs are created 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. The loan programs that the Federal Housing Administration provides are extremely helpful to consumers with less starting capital. |