Need an appraisal for an FHA-backed mortgage? Call The Coleman Company

The Coleman Company is SC state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisals for FHA secured financial transactions. A portion of the continuing training our staff at The Coleman Company completes deals exclusively with understanding the FHA's documentation and their rules and procedures.

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 loan, it means it is backed by them. The lender takes care of all the money in the loan; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Applicable to all purchasers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers 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.