Sabal Appraisal Services, IncRest assured that Sabal Appraisal Services, Inc is an FHA-certified appraisal provider in FL. This means that we are qualified and approved by the FHA to do appraisals for house loans backed by them. A portion of the ongoing training our staff at Sabal Appraisal Services, Inc receives deals exclusively with decoding the FHA's documentation and their rules and procedures. Be sure to contact Sabal Appraisal Services, Inc if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply insures the loan through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income consumers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy consumers to meet expectations and necessities for lending agencies that 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. Those with lesser income or less starting money to put down on a financial transaction are helped the most from Federal Housing Administration loan programs. |