R. Scott Pierce Appraisal Services is your FHA certified appraisal company

R. Scott Pierce Appraisal Services is MS state certified and on the FHA Roster of approved residential appraisers. R. Scott Pierce Appraisal Services is certified and approved to do appraisals for FHA secured loans. A portion of the continuing training our staff at R. Scott Pierce Appraisal Services receives deals strictly with understanding the FHA's documentation and their rules and procedures.

Be sure to contact R. Scott Pierce Appraisal Services if you need an appraisal done for an FHA-secured loan.

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-insured loan, it means it is underwritten by them. The lending company takes care of all the finances; the FHA simply secures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all buyers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lesser income or less starting capital to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs.