Capuano Appraisal Services, LLC
The FHA retains of approved appraisers for each state - Capuano Appraisal Services, LLC is on the roster of approved appraisers for VA. This means that we are certified and approved by the FHA to do reports for house loans backed by them. Part of the periodic training our staff at Capuano Appraisal Services, LLC undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is insured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money 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 consumers help meet credit qualifications if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lower income or less starting capital to put down on a financial transaction benefit the most from Federal Housing Administration loan programs.