Need an appraisal for an FHA-backed mortgage? Call Coleman Appraisals, LLCWe confidently state that Coleman Appraisals, LLC is an FHA-certified appraisal company in LA/TX/AR. We're qualified and approved to do reports for FHA secured loans. Part of the periodic training our staff at Coleman Appraisals, LLC undergoes deals exclusively with understanding 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. 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 loan is an FHA-secured loan, it means it is backed by them. The lending company takes care of all the finances; the FHA simply insures the loan with mortgage insurance in case the borrower defaults on his or her loan. Available to all purchasers, FHA loan programs are built to assist 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. FHA loan programs are incredibly helpful to those consumers with less available cash. |