Craig Lee Faust is your FHA certified appraisal companyCraig Lee Faust is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to contact Craig Lee Faust, as we are approved and certified to produce FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Craig Lee Faust if you need an appraisal done for an FHA-secured loan. 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 loan is an FHA loan, it means it is secured by them. The lending company takes care of all the loaned money; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. Accessible to all buyers, FHA loan programs are designed 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. The loan programs that the FHA offers are incredibly helpful to purchasers with less starting capital. |