Need an appraisal for an FHA-backed mortgage? Call DANIEL I KANDEL
The FHA retains of approved appraisers for each state - DANIEL I KANDEL is on the roster of approved appraisers for FL. This indicates that we are qualified and approved by the FHA to do appraisal reports for house loans insured by them. A certain amount of the periodic training our staff at DANIEL I KANDEL receives deals exclusively with comprehending 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.
If your property loan is FHA certified, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lesser income or less starting funds to put down on a mortgage benefit the most from FHA loan programs.
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