Need an appraisal for an FHA-backed mortgage? Call Lincar LLCWe assure you that Lincar LLC is an FHA-certified appraisal provider in OH. If you have an FHA-loan, be sure to contact Lincar LLC, as we are approved and qualified to perform FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Lincar LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all homebuyers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not meet requirements 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. Those with lesser income or less starting money to put down on a mortgage are helped the most from FHA loan programs. |