Lighthouse Appraisal Service is your FHA certified appraisal companyWe confidently state that Lighthouse Appraisal Service is an FHA-certified appraisal service in WA. If you have an FHA-insured loan, be sure to contact Lighthouse Appraisal Service, as we are approved and certified to produce FHA appraisals. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an report 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 organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is backed by them. The lending company provides all the finances; the FHA simply secures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are built to benefit low-to-moderate income buyers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly useful to those buyers with less accumulated starting capital. |