Need an appraisal for an FHA-backed mortgage? Call Appraise Dat Appraisal Services

We assure you that Appraise Dat Appraisal Services is an FHA-approved appraisal firm in LA. This means that we are qualified and approved by the FHA to do appraisal reports for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Appraise Dat Appraisal Services is well-trained on how to comply with the rules and regulations provided.

If your house loan is FHA approved, 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). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is taken care of in case the borrower doesn't pay their loan. The FHA and their loan programs are created to assist 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. The loan programs that the FHA provides are incredibly beneficial to consumers with less starting income.