Southeast Appraisals, Inc.

The FHA keeps a list of approved appraisers for each state - Southeast Appraisals, Inc. is on the roster of approved appraisers for Alabama.  If you have an FHA-insured loan, be sure to hire Southeast Appraisals, Inc., as we are approved and certified to perform FHA reports. A portion of the periodic training our staff at Southeast Appraisals, Inc. completes deals precisely with understanding the FHA's documentation and their rules and procedures.

Be sure to contact Southeast Appraisals, Inc. if you need an appraisal done for an FHA-secured loan.

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 loan is an FHA-secured loan, it means it is underwritten by them. The lending company takes care of all the loaned money - the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income purchasers by easing credit qualifications. Remember that the lending organization working with the the FHA is able to choose their appraisers, unlike the VA appraisal panel.

Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting capital to put down on a financial transaction are helped the most from FHA loan programs.