Need an appraisal for an FHA-backed mortgage? Call CASA, Inc.
Rest assured that CASA, Inc. is an FHA-certified appraisal provider in FL. This indicates that we are qualified and approved by the FHA to do appraisal reports for home loans insured by them. Part of the continuing training our staff at CASA, Inc. undergoes deals precisely with comprehending the FHA's documentation and their rules and procedures.
If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.
The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is insured by them. None of the funds are provided by the FHA; what the FHA does is ensure that the loan is taken care of in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and qualifications for lending agencies that they otherwise would not.
Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely beneficial to those purchasers with less accumulated cash.