Capuano Appraisal Services, LLC
Capuano Appraisal Services, LLC is VA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to call Capuano Appraisal Services, LLC, as we are approved and qualified to produce FHA appraisal reports. A portion of the regular training our staff at Capuano Appraisal Services, LLC receives deals strictly with understanding the FHA's documentation and their rules and procedures.
Be sure to contact Capuano Appraisal Services, LLC if you need an appraisal done for an FHA-secured loan.
An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are created to help low-to-moderate income homebuyers help meet credit qualifications if 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 acutely beneficial to buyers with less starting income.