Southern Coast Appraisals is your FHA certified appraisal company

We assure you that Southern Coast Appraisals is an FHA-approved appraisal practice in MS. This means that we are qualified and approved by the FHA to do appraisals for home loans insured by them. FHA's guidelines, documentation, and policies may seem difficult to comprehend, but the staff at Southern Coast Appraisals is well-trained on how to comply with the rules and regulations provided.

Be sure to contact Southern Coast Appraisals if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal organization 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 loan money to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income homebuyers benefit from an FHA-insured loan; the point of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and requirements for lending organizations that they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely helpful to those buyers with less available funding.