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 provider in FL. If you have an FHA-insured loan, be sure to hire DANIEL I KANDEL, as we are approved and qualified to handle FHA appraisals. Part of the ongoing training our staff at DANIEL I KANDEL undergoes deals precisely with understanding the FHA's documentation and their rules and procedures.
Be sure to contact DANIEL I KANDEL if you need an appraisal done for an FHA-secured loan.
An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and qualifications for lending agencies that they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration provides are exceedingly useful to buyers with less starting capital.
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