profile picture

English Spanish

Need an appraisal for an FHA-backed mortgage? Call Parkway Appraisals

Rest assured that Parkway Appraisals is an FHA-approved appraisal firm in NC. This means that we are certified and approved by the FHA to do appraisals for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Parkway Appraisals is well-trained on how to work in accordance with the rules and regulations provided.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

If your home loan is FHA certified, that means that the loan has been secured by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lenders with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to benefit low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those consumers with less accessible funding.