Need an appraisal for an FHA-backed mortgage? Call Capital View AppraisalsCapital View Appraisals is FL state certified and on the FHA Roster of approved residential appraisers. This means that we are certified and approved by the FHA to do appraisals for home loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Capital View Appraisals is well-trained on how to follow the rules and regulations provided. If you need an 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 financial transaction is an FHA 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 mortgage is paid for in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and qualifications 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. FHA loan programs are particularly useful to those purchasers with less available cash. |