Need an appraisal for an FHA-backed mortgage? Call Stine Appraisal Services Inc.

Stine Appraisal Services Inc. is an FHA-certified appraisal company in TN. We're certified and approved to do reports for FHA secured financial transactions. A portion of the continuing education at Stine Appraisal Services Inc. deals strictly with decoding the FHA's documentation and their rules and procedures.

An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower defaults on his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and requirements for lending agencies that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are acutely beneficial to buyers with less starting capital.