Need an appraisal for an FHA-backed mortgage? Call Valuation Professionals PLCValuation Professionals PLC is FL state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisals for FHA insured financial transactions. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured 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 underwritten 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 loan obligations. The FHA and their loan programs are created to aid low-to-moderate income buyers help meet credit expectations if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA provides are exceedingly helpful to consumers with less starting income. |