Need an appraisal for an FHA-backed mortgage? Call Benchmark Appraising, LLC

Benchmark Appraising, LLC is NC state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisals for house loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

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 loan, it means it is backed by them. The FHA does not loan funds to borrowers, rather, it provides lenders with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are designed to help low-to-moderate income consumers help meet credit expectations if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration offers are extremely useful to purchasers with less starting income.