Need an appraisal for an FHA-backed mortgage? Call Hebert AppraisalWe are happy to say that Hebert Appraisal is an FHA-approved appraisal firm in LA. If you have an FHA-loan, be sure to contact Hebert Appraisal, as we are approved and certified to perform FHA reports. Part of the periodic training our staff at Hebert Appraisal completes deals exclusively with decoding the FHA's documentation and their rules and procedures. 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. If your property loan is FHA certified, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with protection through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all buyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Those with lesser income or less starting capital to put down on a financial transaction are helped the most from Federal Housing Administration loan programs. |