Need an appraisal for an FHA-backed mortgage? Call AAL APPRAISALS, LLCThe FHA keeps a roster of approved appraisers for each state - AAL APPRAISALS, LLC is on the roster of approved appraisers for VA. We are qualified and approved to do reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at AAL APPRAISALS, LLC is well-trained on how to follow the rules and regulations provided. Be sure to contact AAL APPRAISALS, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply secures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to assist low-to-moderate income purchasers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting funds to use as a down-payment on a mortgage benefit the most from FHA loan programs. |