Soffera Realty & Appraisal Services Inc is your FHA certified appraisal company

Soffera Realty & Appraisal Services Inc is NC state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to hire Soffera Realty & Appraisal Services Inc, as we are approved and qualified to handle FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

If your property loan is FHA certified, that means that it has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the mortgage is insured in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the point of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and qualifications for lending organizations that they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are extremely helpful to purchasers with less starting capital.