Appraisal Services of Brandon, Inc . can do FHA loans
Appraisal Services of Brandon, Inc . is FL state certified and on the FHA Roster of approved residential appraisers. Appraisal Services of Brandon, Inc . is certified and approved to do appraisal reports for FHA secured financial transactions. A portion of the continuing training our staff at Appraisal Services of Brandon, Inc . receives deals strictly with decoding the FHA's documentation and their rules and procedures.
If you need an report for an FHA loan, please contact us, and we'll be able to help you right away.
An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the loaned money; the FHA simply insures the transaction by providing mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are built to benefit low-to-moderate income consumers help meet credit requirements 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. FHA loan programs are extremely beneficial to those purchasers with less available funding.