Need an appraisal for an FHA-backed mortgage? Call Appraisals by Kana, LLC
Appraisals by Kana, LLC is LA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to call Appraisals by Kana, LLC, as we are approved and qualified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is backed by the Federal Housing Administration, a federal organization 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 lending agencies with safety with mortgage insurance in case the borrower does not pay his or her financial obligations. Applicable to all purchasers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly useful to those purchasers with less available starting capital.