DLC Appraisal Services, LLCDLC Appraisal Services, LLC is LA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to get with us, as we are approved and qualified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at DLC Appraisal Services, LLC is well-trained on how to follow the rules and regulations provided. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. The lending company takes care of all the money in the loan; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income borrowers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to assist credit-worthy buyers to meet expectations and requirements 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. Consumers with lesser income or less starting money to use as a down-payment on a mortgage benefit the most from FHA loan programs. |