Need an appraisal for an FHA-backed mortgage? Call Cashman Appraisal, IncWe are happy to say that Cashman Appraisal, Inc is an FHA-certified appraisal company in LA. If you have an FHA-secured mortgage, be sure to get with Cashman Appraisal, Inc, as we are approved and certified to handle FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Cashman Appraisal, Inc if you need an appraisal done for an FHA-secured loan. If your home loan is FHA certified, that means that it has been guaranteed by the FHA, which is a branch of the United States 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 loan is secure in case the borrower doesn't pay their loan. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and qualifications for lenders that they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Consumers with lower income or less starting money to use as a down-payment on a financial transaction are helped the most from FHA loan programs. |