Need an appraisal for an FHA-backed mortgage? Call Lin C Burnsed

The FHA maintains of approved appraisers for each state - Lin C Burnsed is on the roster of approved appraisers for GA. Lin C Burnsed is qualified and approved to do appraisal reports for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply backs the loan with mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income borrowers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and requirements for lending organizations that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting capital to use as a down-payment on a financial transaction are helped the most from FHA loan programs.