Need an appraisal for an FHA-backed mortgage? Call DANIEL I KANDEL
We are happy to say that DANIEL I KANDEL is an FHA-certified appraisal firm in FL. We're qualified and approved to do reports for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at DANIEL I KANDEL is well-trained on how to work in accordance with the rules and regulations provided.
Be sure to contact DANIEL I KANDEL if you need an appraisal done for an FHA-secured 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 secured by them. The lending organization provides all the finances; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income purchasers help meet credit requirements if 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 FHA offers are acutely helpful to buyers with less starting income.
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