Need an appraisal for an FHA-backed mortgage? Call Daniels AppraisalsDaniels Appraisals is OK state certified and on the FHA Roster of approved residential appraisers. We're certified and approved to do reports for FHA secured financial transactions. A certain amount of the periodic training our staff at Daniels Appraisals completes deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact Daniels Appraisals if you need an appraisal done for an FHA-secured loan. An FHA loan is underwritten by the Federal Housing Administration, a federal agency within the U.S. 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 secure in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to aid low-to-moderate income consumers help meet credit requirements 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 FHA offers are excessively beneficial to consumers with less starting capital. |