Need an appraisal for an FHA-backed mortgage? Call Appraisal Services of Brandon, Inc .
Appraisal Services of Brandon, Inc . is FL state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do appraisals for FHA insured loans. A portion of the periodic training our staff at Appraisal Services of Brandon, Inc . undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply insures the loan through mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to aid low-to-moderate income homebuyers help meet credit qualifications if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely useful to those buyers with less accessible funding.