Capuano Appraisal Services, LLC is your FHA certified appraisal company
Rest assured that Capuano Appraisal Services, LLC is an FHA-approved appraisal provider in VA. If you have an FHA-loan, be sure to call Capuano Appraisal Services, LLC, as we are approved and certified to produce FHA appraisals. Part of the regular training our staff at Capuano Appraisal Services, LLC undergoes deals exclusively with decoding the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending organization takes care of all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and necessities for lenders that they otherwise would not.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA provides are extremely helpful to buyers with less starting income.