Pinnacle Appraisals

Rest assured that Pinnacle Appraisals is an FHA-approved appraisal service in Tennessee.  If you have an FHA-mortgage, be sure to call Pinnacle Appraisals, as we are approved and qualified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Pinnacle Appraisals is well-trained on how to work in accordance with the rules and regulations provided.

Contact us today if you need to get an appraisal done on an FHA-insured loan.

An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company takes care of all the funds being borrowed - the FHA simply insures the loan through mortgage insurance in case the borrower defaults on his or her loan. Available to all consumers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Remember that the lending organization working with the the Federal Housing Administration is able to choose the appraisal company with which they'll work, different from VA appraisal panel.

Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser incomes or less starting capital to put down on a financial transaction are helped the most from Federal Housing Administration loan programs.