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Parkway Appraisals is your FHA certified appraisal company

The FHA publishes a list of approved appraisers for each state - Parkway Appraisals is on the roster of approved appraisers for NC. This means that we are qualified and approved by the FHA to do appraisal reports for home loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Parkway Appraisals if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is underwritten by them. The lender provides all the finances; the FHA simply secures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to help 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. FHA loan programs are extremely useful to those consumers with less available funding.