Need an appraisal for an FHA-backed mortgage? Call Acadian Appraisal ServiceWe assure you that Acadian Appraisal Service is an FHA-approved appraisal practice in LA. This indicates that we are certified and approved by the FHA to do appraisals for home loans backed by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Acadian Appraisal Service if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is underwritten by them. The FHA does not loan funds to borrowers, rather, it provides lenders with security with mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are created 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. 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. |