Jamie Shertzer Appraisals is available for your FHA loans

Jamie Shertzer Appraisals is AL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to contact Jamie Shertzer Appraisals, as we are approved and qualified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

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 financial transaction is an FHA-secured loan, it means it is underwritten by them. The FHA does not loan capital to borrowers, rather, it provides lending organizations with security with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are formed to aid low-to-moderate income consumers 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. Consumers with lower income or less starting money to use as a down-payment on a financial transaction are assisted the most from FHA loan programs.