Need an appraisal for an FHA-backed mortgage? Call Advanced Appraisal Services, LLCAdvanced Appraisal Services, LLC is LA 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 home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Advanced Appraisal Services, LLC is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Advanced Appraisal Services, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending organization provides all the loaned money; the FHA simply backs the loan through mortgage insurance in case the borrower defaults on his or her loan. Accessible to all buyers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting money to use as a down-payment on a mortgage are helped the most from FHA loan programs. |