Patricia Stillman Appraisals can do FHA workThe FHA maintains of approved appraisers for each state - Patricia Stillman Appraisals is on the roster of approved appraisers for FL. This indicates that we are certified and approved by the FHA to do appraisals for property loans insured by them. A certain amount of the ongoing training our staff at Patricia Stillman Appraisals completes deals strictly with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away. If your loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The lending company provides all the finances; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Available to all purchasers, FHA loan programs are made to assist 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. Buyers with lower income or less starting funds to put down on a financial transaction benefit the most from Federal Housing Administration loan programs. |