Doucette Appraisals is your FHA certified appraisal companyThe FHA keeps a roster of approved appraisers for each state - Doucette Appraisals is on the roster of approved appraisers for SC. This indicates that we are qualified and approved by the FHA to do appraisals for home loans underwritten by them. Part of the ongoing training our staff at Doucette Appraisals receives deals strictly with understanding the FHA's documentation and their rules and procedures. Be sure to contact Doucette Appraisals if you need an appraisal done for an FHA-secured loan. If your loan is FHA certified, that means that it has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply backs the loan through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all homebuyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly beneficial to those consumers with less accessible starting capital. |