![]() Neal Appraisals, LLC is available for your FHA appraisalsWe assure you that Neal Appraisals, LLC is an FHA-approved appraisal company in KY. We're certified and approved to do reports for FHA secured loans. Part of the regular training our staff at Neal Appraisals, LLC completes deals strictly with comprehending the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your home loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply secures the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all purchasers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. Those with lower income or less starting funds to use as a down-payment on a mortgage benefit the most from Federal Housing Administration loan programs. |