Need an appraisal for an FHA-backed mortgage? Call Cardinal Enterprise, LLC
Cardinal Enterprise, LLC is VA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to hire Cardinal Enterprise, LLC , as we are approved and certified to perform FHA appraisals. A certain amount of the regular training our staff at Cardinal Enterprise, LLC receives deals strictly with understanding the FHA's documentation and their rules and procedures.
If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away.
If your loan is FHA insured, that means that it 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 secure in case the borrower doesn't pay their loan. Accessible to all consumers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
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 excessively beneficial to buyers with less starting capital.