a la mode is ready for your FHA appraisalsa la mode is UT state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to call a la mode, as we are approved and certified to handle FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. If you're in need of an appraisal 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 agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-insured loan, it means it is underwritten by them. The lending organization provides all the finances; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all homebuyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly beneficial to those purchasers with less available cash. |