LBH AppraisalsRest assured that LBH Appraisals is an FHA-approved appraisal company in WA. LBH Appraisals is certified and approved to do appraisals for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at LBH Appraisals is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact LBH Appraisals if you need an appraisal done for an FHA-secured loan. If your property loan is FHA approved, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply backs the transaction through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to help low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are extremely useful to consumers with less starting capital. |