Cantus Appraisal ServicesThe FHA maintains of approved appraisers for each state - Cantus Appraisal Services is on the roster of approved appraisers for VT. This means that we are certified and approved by the FHA to do appraisal reports for property loans insured by them. A portion of the regular training our staff at Cantus Appraisal Services completes deals precisely with understanding the FHA's documentation and their rules and procedures. 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 financial transaction is an FHA-secured loan, it means it is secured by them. No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to assist low-to-moderate income homebuyers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. Consumers with lesser income or less starting money to use as a down-payment on a mortgage benefit the most from FHA loan programs. |