Need an appraisal for an FHA-backed mortgage? Call DANIEL I KANDEL
The FHA keeps a roster of approved appraisers for each state - DANIEL I KANDEL is on the roster of approved appraisers for FL. If you have an FHA-loan, be sure to hire DANIEL I KANDEL, as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, 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 property loan is FHA insured, that means that the loan has been secured by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is ensure that the loan is paid for in case the borrower defaults on his or her loan obligations. Accessible to all consumers, FHA loan programs are created to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are excessively useful to buyers with less starting capital.
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