Need an appraisal for an FHA-backed mortgage? Call CAFCO AppraisalThe FHA retains of approved appraisers for each state - CAFCO Appraisal is on the roster of approved appraisers for MA. We're certified and approved to do appraisals for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at CAFCO Appraisal is well-trained on how to follow the rules and regulations provided. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. If your loan is FHA certified, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company provides all the loaned money; the FHA simply backs the transaction through mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are created to aid low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. 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 provides are exceedingly helpful to consumers with less starting capital. |