Lizotte Appraisal ServicesRest assured that Lizotte Appraisal Services is an FHA-approved appraisal provider in CA. If you have an FHA-loan, be sure to hire Lizotte Appraisal Services, as we are approved and certified to produce FHA reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Lizotte Appraisal Services is well-trained on how to follow the rules and regulations provided. Be sure to contact Lizotte Appraisal Services if you need an appraisal done for an FHA-secured loan. If your house loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Available to all buyers, FHA loan programs are created to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. Buyers with lower income or less starting funds to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs. |