L & B AppraisalsWe confidently state that L & B Appraisals is an FHA-certified appraisal company in KY. This means that we are certified and approved by the FHA to do reports for property loans backed by them. A portion of the continuing training our staff at L & B Appraisals receives deals precisely with decoding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction is FHA insured, that means that it has been secured by the FHA, which is part 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 make sure that the mortgage is taken care of in case the borrower doesn't pay their loan. Applicable to all consumers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely helpful to those purchasers with less accessible funding. |