Lighthouse Appraisals LLC. can do FHA backed loansThe FHA maintains of approved appraisers for each state - Lighthouse Appraisals LLC. is on the roster of approved appraisers for SC. If you have an FHA-loan, be sure to get with Lighthouse Appraisals LLC., as we are approved and certified to perform FHA appraisals. A certain amount of the periodic training our staff at Lighthouse Appraisals LLC. undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures. Be sure to contact Lighthouse Appraisals LLC. if you need an appraisal done for an FHA-secured loan. If your house 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 lending company takes care of all the money in the loan; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are designed to aid low-to-moderate income consumers help meet credit requirements if 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 incredibly useful to consumers with less starting capital. |