Lundquist Appraisals & Real Estate Services is your FHA certified appraisal company
We confidently state that Lundquist Appraisals & Real Estate Services is an FHA-certified appraisal service in IN. Lundquist Appraisals & Real Estate Services is qualified and approved to do appraisal reports for FHA insured financial transactions. A portion of the periodic training our staff at Lundquist Appraisals & Real Estate Services receives deals precisely with decoding the FHA's documentation and their rules and procedures.
If you need 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 organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is underwritten by them. None of the funds are provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower defaults on his or her loan obligations. Available to all homebuyers, FHA loan programs are made to help 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 extremely useful to those consumers with less available starting capital.