JP Appraisal Solutions, LLCRest assured that JP Appraisal Solutions, LLC is an FHA-certified appraisal practice in FL. If you have an FHA-insured mortgage, be sure to get with JP Appraisal Solutions, LLC, as we are approved and certified to handle FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at JP Appraisal Solutions, LLC is well-trained on how to comply with the rules and regulations provided. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. If your property loan is FHA certified, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is insured in case the borrower doesn't pay their loan. Low-income and moderate-income borrowers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and requirements for lenders that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those purchasers with less accumulated starting capital. |