Birch-Ogburn & Co.

The FHA publishes a list of approved appraisers for each state - Birch-Ogburn & Co. is on the roster of approved appraisers for NC. This means that we are certified and approved by the FHA to do appraisals for home loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

Be sure to contact Birch-Ogburn & Co. if you need an appraisal done for an FHA-secured loan.

An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is ensure that the mortgage is insured in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to aid low-to-moderate income homebuyers help meet credit expectations if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly beneficial to those buyers with less accumulated starting capital.