Need an appraisal for an FHA-backed mortgage? Call DANIEL I KANDEL
DANIEL I KANDEL is FL state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisals for house loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at DANIEL I KANDEL is well-trained on how to follow the rules and regulations provided.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your loan is FHA insured, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lenders with safety by offering mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are designed to aid low-to-moderate income purchasers help meet credit expectations if they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are incredibly helpful to those buyers with less available starting capital.
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