Need an appraisal for an FHA-backed mortgage? Call Appraisal Services of Brandon, Inc .
The FHA retains of approved appraisers for each state - Appraisal Services of Brandon, Inc . is on the roster of approved appraisers for FL. If you have an FHA-insured mortgage, be sure to hire Appraisal Services of Brandon, Inc ., as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Appraisal Services of Brandon, Inc . is well-trained on how to comply with the rules and regulations provided.
Be sure to contact Appraisal Services of Brandon, Inc . if you need an appraisal done for an FHA-secured loan.
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 financial transaction is an FHA-insured loan, it means it is backed by them. The FHA does not provide funds to borrowers, rather, it provides lenders with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are designed to assist low-to-moderate income buyers help meet credit requirements if they otherwise would not.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Consumers with lower income or less starting money to put down on a loan are helped the most from Federal Housing Administration loan programs.