Need an appraisal for an FHA-backed mortgage? Call Scott M. Matt, L.L.C.

Rest assured that Scott M. Matt, L.L.C. is an FHA-certified appraisal provider in LA. This means that we are qualified and approved by the FHA to do appraisal reports for home loans backed by them. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Scott M. Matt, L.L.C. is well-trained on how to work in accordance with the rules and regulations provided.

Be sure to contact Scott M. Matt, L.L.C. if you need an appraisal done for an FHA-secured loan.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is underwritten by them. The lending organization takes care of all the finances; the FHA simply insures the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Applicable to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely useful to those purchasers with less accumulated cash.