Need an appraisal for an FHA-backed mortgage? Call James Mumaw

The FHA publishes a list of approved appraisers for each state - James Mumaw is on the roster of approved appraisers for SC. If you have an FHA-secured mortgage, be sure to call James Mumaw, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at James Mumaw is well-trained on how to comply with the rules and regulations provided.

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 agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is underwritten by them. The FHA does not provide funds to borrowers, rather, it provides lending agencies with protection with mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are formed to assist low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those consumers with less accessible cash.