Need an appraisal for an FHA-backed mortgage? Call Appraisals by Kana

We assure you that Appraisals by Kana is an FHA-approved appraisal service in LA. We're certified and approved to do appraisal reports for FHA secured financial transactions. A portion of the continuing training our staff at Appraisals by Kana completes deals precisely with understanding the FHA's documentation and their rules and procedures.

If your house loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply secures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are created to assist low-to-moderate income buyers 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. Purchasers with lesser income or less starting capital to put down on a mortgage benefit the most from FHA loan programs.