Culling Appraisal CorpWe confidently state that Culling Appraisal Corp is an FHA-certified appraisal service in IL. If you have an FHA-insured loan, be sure to get with Culling Appraisal Corp, as we are approved and certified to perform FHA appraisal reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Culling Appraisal Corp if you need an appraisal done for an FHA-secured loan. If your property loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply secures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all consumers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those purchasers with less accessible starting capital. |