Need an appraisal for an FHA-backed mortgage? Call LKG AppraisalRest assured that LKG Appraisal is an FHA-certified appraisal service in NH. This indicates that we are qualified and approved by the FHA to do appraisals for property loans underwritten by them. A portion of the continuing training our staff at LKG Appraisal completes deals strictly with decoding the FHA's documentation and their rules and procedures. Be sure to contact LKG Appraisal if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to assist low-to-moderate income buyers help meet credit expectations 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. Buyers with lesser income or less starting funds to put down on a loan are assisted the most from Federal Housing Administration loan programs. |