L&L Appraisal LLC is your FHA certified appraisal companyL&L Appraisal LLC is LA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-loan, be sure to call L&L Appraisal LLC, as we are approved and certified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at L&L Appraisal LLC is well-trained on how to work in accordance with the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is insured by them. The FHA does not loan funds to borrowers, rather, it provides lenders with safety through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are built to help low-to-moderate income purchasers help meet credit requirements if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Those with lower income or less starting funds to put down on a loan benefit the most from FHA loan programs. |