DANIEL I KANDEL can do FHA appraisals
DANIEL I KANDEL is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to contact DANIEL I KANDEL, as we are approved and qualified to perform FHA appraisals. Part of the regular training our staff at DANIEL I KANDEL undergoes deals precisely with decoding 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.
The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is insured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is insured in case the borrower defaults on his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and qualifications for lending organizations that 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. Consumers with lesser income or less starting money to use as a down-payment on a mortgage are helped the most from Federal Housing Administration loan programs.
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