Need an appraisal for an FHA-backed mortgage? Call David Carlson & Associates Inc.Rest assured that David Carlson & Associates Inc. is an FHA-certified appraisal service in OR. David Carlson & Associates Inc. is certified and approved to do appraisals for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at David Carlson & Associates Inc. is well-trained on how to follow the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured 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). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to aid low-to-moderate income homebuyers 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 Federal Housing Administration offers are extremely beneficial to buyers with less starting capital. |