is Louisiana state certified and on the FHA Roster of approved residential appraisers.
This indicates that we are qualified and approved by the FHA to do appraisals for home loans backed by them.
FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at AJC Appraisals LLC is well-trained on how to follow the rules and regulations provided.
 |
 |
 |
If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. |
|
|
An FHA loan is secured 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 lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her financial obligations.
Low-income and moderate-income homebuyers benefit the most from FHA-secured loan programs. The purpose of the Federal Housing Administration is to help credit-worthy consumers get approved for mortgages that they otherwise would not.
Different from the VA appraiser panel, the lending organization working with Federal Housing Administration actually has the freedom to select the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are extremely useful to those purchasers with less accessible cash.