Howe Appraisals LLCWe confidently state that Howe Appraisals LLC is an FHA-certified appraisal firm in FL. We are certified and approved to do appraisals for FHA secured financial transactions. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Howe Appraisals LLC is well-trained on how to work in accordance with the rules and regulations provided. Contact us today if you need to get an appraisal done on an FHA-insured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA loan, it means it is backed by them. The FHA does not loan capital to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income consumers benefit from an FHA-insured financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy potential buyers to meet expectations and requirements for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lesser income or less starting funds to put down on a loan benefit the most from FHA loan programs. |