Key Appraisal LLCKey Appraisal LLC is KY state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to hire Key Appraisal LLC, as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Key Appraisal LLC is well-trained on how to work in accordance with the rules and regulations provided. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is insured by them. The FHA does not loan money to borrowers, rather, it provides lending organizations with protection through mortgage insurance in case the borrower defaults on his or her loan obligations. Accessible to all homebuyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting funds to use as a down-payment on a financial transaction are assisted the most from Federal Housing Administration loan programs. |