Metro Appraisal Group, Inc. is approved for FHA backed loansMetro Appraisal Group, Inc. is OH state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to get with Metro Appraisal Group, Inc., as we are approved and certified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Metro Appraisal Group, Inc. is well-trained on how to follow the rules and regulations provided. Be sure to contact Metro Appraisal Group, Inc. if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are formed to assist low-to-moderate income consumers help meet credit requirements 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. FHA loan programs are particularly helpful to those purchasers with less accessible starting capital. |