is Louisiana state certified and on the FHA Roster of approved residential appraisers.
This means that we are certified and approved by the FHA to do appraisal reports for property loans insured by them.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. |
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If your loan is FHA approved, that means that it has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD).
The FHA does not loan money to borrowers. Rather, it provides lenders with security with mortgage insurance in case the borrower defaults on his or her financial obligations.
The FHA and their loan programs are created to aid low-to-moderate income buyers by easing credit requirements.
Remember, the FHA is different from the VA appraiser panel in that the lender can choose the appraisal company.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
The loan programs that the Federal Housing Administration provides are invaluable to buyers with minimal starting income.