South Shore Realty Advisors, Inc
The FHA maintains of approved appraisers for each state - South Shore Realty Advisors, Inc is on the roster of approved appraisers for MA. If you have an FHA-secured mortgage, be sure to hire South Shore Realty Advisors, Inc, as we are approved and qualified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at South Shore Realty Advisors, Inc is well-trained on how to work in accordance with the rules and regulations provided.
If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.
An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are built to assist low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting capital to put down on a loan benefit the most from FHA loan programs.