Need an appraisal for an FHA-backed mortgage? Call Troyer Appraisal Solutions, LLC.

Rest assured that Troyer Appraisal Solutions, LLC. is an FHA-approved appraisal provider in SC. This means that we are qualified and approved by the FHA to do appraisal reports for property loans insured by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Troyer Appraisal Solutions, LLC. is well-trained on how to follow the rules and regulations provided.

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 loan is an FHA-secured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lenders with security through mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to help credit-worthy consumers to meet expectations and requirements for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those homebuyers with less accessible cash.