Need an appraisal for an FHA-backed mortgage? Call Tim Medlin Enterprises

Rest assured that Tim Medlin Enterprises is an FHA-certified appraisal firm in NC. This means that we are certified and approved by the FHA to do appraisals for house loans insured by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents.

An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security with mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to help low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA offers are exceedingly helpful to purchasers with less starting capital.