Wegscheid AppraisalRest assured that Wegscheid Appraisal is an FHA-approved appraisal firm in FL. If you have an FHA-loan, be sure to contact Wegscheid Appraisal, as we are approved and certified to perform FHA appraisals. A portion of the ongoing training our staff at Wegscheid Appraisal undergoes deals precisely with decoding the FHA's documentation and their rules and procedures. If you're in need of 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 organization 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 make sure that the mortgage is taken care of in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are built to help low-to-moderate income homebuyers help meet credit requirements if 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 incredibly helpful to those buyers with less available funding. |