Need an appraisal for an FHA-backed mortgage? Call Appraisal Associates of North Florida, LLCThe FHA maintains of approved appraisers for each state - Appraisal Associates of North Florida, LLC is on the roster of approved appraisers for FL. If you have an FHA-loan, be sure to call Appraisal Associates of North Florida, LLC, as we are approved and qualified to perform FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Appraisal Associates of North Florida, LLC is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact Appraisal Associates of North Florida, LLC if you need an appraisal done for an FHA-secured loan. An FHA loan is insured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and necessities for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are extremely helpful to buyers with less starting income. |