Need an appraisal for an FHA-backed mortgage? Call Appraisals by KanaAppraisals by Kana is LA state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do reports for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Appraisals by Kana is well-trained on how to follow the rules and regulations provided. Be sure to contact Appraisals by Kana if you need an appraisal done for an FHA-secured loan. 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-insured loan, it means it is underwritten by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her loan obligations. Available to all homebuyers, FHA loan programs are made to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly useful to those buyers with less available cash. |