Lambeau Real Estate Consulting, LLCWe assure you that Lambeau Real Estate Consulting, LLC is an FHA-approved appraisal company in MN. Lambeau Real Estate Consulting, LLC is qualified and approved to do reports for FHA insured loans. A portion of the periodic training our staff at Lambeau Real Estate Consulting, LLC completes deals precisely with decoding the FHA's documentation and their rules and procedures. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is underwritten by them. No part of the loan is provided by the FHA; what the FHA does is ensure that the loan is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to cooperate with credit-worthy buyers to meet expectations and requirements for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are exceedingly useful to purchasers with less starting income. |