Emily Sconyers is ready for your FHA workRest assured that Emily Sconyers is an FHA-approved appraisal company in FL. We are certified and approved to do appraisal reports for FHA secured loans. Part of the ongoing training our staff at Emily Sconyers completes deals precisely with decoding the FHA's documentation and their rules and procedures. Be sure to contact Emily Sconyers if you need an appraisal done for an FHA-secured loan. 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 financial transaction is an FHA-secured loan, it means it is secured by them. The lender takes care of all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan. Applicable to all homebuyers, FHA loan programs are created to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Buyers with lower income or less starting capital to use as a down-payment on a loan are assisted the most from FHA loan programs. |