J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT is approved for FHA loansJ. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT is LA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to call J. GRAHAM GAULT REAL ESTATE APPRAISER & CONSULTANT, as we are approved and qualified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. 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. An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lenders with protection through mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to assist credit-worthy potential buyers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Purchasers with lesser income or less starting funds to put down on a financial transaction benefit the most from FHA loan programs. |