Luxemburger AppraisalsThe FHA retains of approved appraisers for each state - Luxemburger Appraisals is on the roster of approved appraisers for GA. This indicates that we are certified and approved by the FHA to do appraisal reports for property loans underwritten by them. A certain amount of the periodic training our staff at Luxemburger Appraisals undergoes deals precisely with understanding the FHA's documentation and their rules and procedures. Be sure to contact Luxemburger Appraisals if you need an appraisal done for an FHA-secured 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 financial transaction is an FHA-secured loan, it means it is secured by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are formed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. 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 extremely helpful to those homebuyers with less accumulated funding. |