Need an appraisal for an FHA-backed mortgage? Call Jones Appraisal ServiceJones Appraisal Service is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured loan, be sure to contact Jones Appraisal Service, 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 Jones Appraisal Service is well-trained on how to follow the rules and regulations provided. Be sure to contact Jones Appraisal Service if you need an appraisal done for an FHA-secured loan. An FHA loan is backed by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender provides all the loaned money; the FHA simply secures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are designed to assist low-to-moderate income purchasers help meet credit qualifications if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the Federal Housing Administration provides are incredibly useful to purchasers with less starting income. |