Dan Ferran and AssociatesRest assured that Dan Ferran and Associates is an FHA-certified appraisal practice in IN. We are certified and approved to do reports for FHA insured financial transactions. Part of the continuing training our staff at Dan Ferran and Associates receives deals strictly with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your financial transaction is FHA approved, that means that the loan has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the finances; the FHA simply insures the loan by providing mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to aid low-to-moderate income consumers help meet credit requirements 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. FHA loan programs are particularly useful to those purchasers with less accessible cash. |