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. This indicates that we are certified and approved by the FHA to do reports for house loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at R. Scott Pierce Appraisal Services is well-trained on how to comply with the rules and regulations provided.

If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away.

An FHA loan is secured by the Federal Housing Administration, a federal agency within 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 taken care of in case the borrower doesn't pay their loan. Available to all buyers, FHA loan programs are formed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lower income or less starting capital to use as a down-payment on a mortgage are assisted the most from FHA loan programs.