Need an appraisal for an FHA-backed mortgage? Call Riverlands Appraisal LLCThe FHA retains of approved appraisers for each state - Riverlands Appraisal LLC is on the roster of approved appraisers for LA. If you have an FHA-secured mortgage, be sure to get with Riverlands Appraisal LLC, as we are approved and certified to handle FHA reports. Part of the periodic training our staff at Riverlands Appraisal LLC receives deals strictly with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Riverlands Appraisal LLC if you need an appraisal done for an FHA-secured loan. If your loan is FHA approved, 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 loan capital to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-insured 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. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are extremely helpful to purchasers with less starting capital. |