Performance Appraisals Inc. can do FHA mortgagesThe FHA maintains of approved appraisers for each state - Performance Appraisals Inc. is on the roster of approved appraisers for FL. If you have an FHA-loan, be sure to get with Performance Appraisals Inc., as we are approved and qualified to perform FHA reports. Part of the periodic training our staff at Performance Appraisals Inc. receives deals exclusively with comprehending the FHA's documentation and their rules and procedures. Be sure to contact Performance Appraisals Inc. if you need an appraisal done for an FHA-secured loan. If your house loan is FHA insured, that means that it has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not provide funds to borrowers, rather, it provides lending agencies with security by offering mortgage insurance in case the borrower does not pay his or her financial obligations. Accessible to all homebuyers, FHA loan programs are designed to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly useful to those homebuyers with less available funding. |