Need an appraisal for an FHA-backed mortgage? Call Catalano & Associates, LLCCatalano & Associates, LLC is CO state certified and on the FHA Roster of approved residential appraisers. We are qualified 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 Catalano & Associates, LLC is well-trained on how to comply with the rules and regulations provided. Be sure to contact Catalano & Associates, LLC if you need an appraisal done for an FHA-secured loan. If your loan is FHA approved, that means that the loan has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Applicable to all purchasers, FHA loan programs are designed 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. The loan programs that the Federal Housing Administration provides are incredibly helpful to buyers with less starting income. |