Need an appraisal for an FHA-backed mortgage? Call LnL Associates, LLCWe confidently state that LnL Associates, LLC is an FHA-certified appraisal company in NC. If you have an FHA-secured loan, be sure to get with LnL Associates, LLC, as we are approved and certified to perform FHA reports. A portion of the periodic training our staff at LnL Associates, LLC receives deals strictly with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your loan is FHA certified, that means that it has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with security with mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to help credit-worthy buyers to meet expectations and qualifications for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely useful to those homebuyers with less accessible starting capital. |