Need an appraisal for an FHA-backed mortgage? Call Sara Krake, LLCWe assure you that Sara Krake, LLC is an FHA-approved appraisal practice in OR. Sara Krake, LLC is certified and approved to do appraisal reports for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Sara Krake, LLC is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Sara Krake, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending organizations with safety through mortgage insurance in case the borrower defaults on his or her financial obligations. Accessible to all purchasers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not have the qualifications 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 particularly helpful to those consumers with less accessible starting capital. |