Need an appraisal for an FHA-backed mortgage? Call Appraisals by Kana, LLC
Appraisals by Kana, LLC is LA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to contact Appraisals by Kana, LLC, as we are approved and qualified to perform FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Appraisals by Kana, LLC is well-trained on how to work in accordance with the rules and regulations provided.
If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.
The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is underwritten by them. The lending company takes care of all the finances; the FHA simply secures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income homebuyers help meet credit expectations if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. Buyers with lesser income or less starting money to put down on a mortgage benefit the most from Federal Housing Administration loan programs.