Need an appraisal for an FHA-backed mortgage? Call Campbell & Associates Appraisers, Inc.
Rest assured that Campbell & Associates Appraisers, Inc. is an FHA-certified appraisal provider in FL. This indicates that we are certified and approved by the FHA to do appraisal reports for home loans underwritten by them. A certain amount of the continuing training our staff at Campbell & Associates Appraisers, Inc. receives deals strictly with understanding the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
If your financial transaction is FHA approved, that means that it has been guaranteed by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The lending company takes care of all the money in the loan; the FHA simply insures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Applicable to all purchasers, FHA loan programs are formed to help 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 acutely beneficial to purchasers with less starting capital.