Need an appraisal for an FHA-backed mortgage? Call Appraisal AllianceAppraisal Alliance is FL state certified and on the FHA Roster of approved residential appraisers. This means that we are qualified and approved by the FHA to do appraisal reports for property loans backed by them. A certain amount of the continuing training our staff at Appraisal Alliance undergoes deals precisely with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Appraisal Alliance if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are created to assist low-to-moderate income consumers help meet credit expectations 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 incredibly helpful to those purchasers with less accessible starting capital. |