Need an appraisal for an FHA-backed mortgage? Call Lyman Appraisal Services, LLCThe FHA maintains of approved appraisers for each state - Lyman Appraisal Services, LLC is on the roster of approved appraisers for NC. We are qualified and approved to do reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Lyman Appraisal Services, LLC is well-trained on how to comply with the rules and regulations provided. Be sure to contact Lyman Appraisal Services, LLC if you need an appraisal done for an FHA-secured loan. 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 financial transaction is an FHA-secured loan, it means it is insured by them. The lending organization provides all the finances; the FHA simply secures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to aid low-to-moderate income consumers help meet credit requirements 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. The loan programs that the FHA offers are acutely beneficial to purchasers with less starting income. |