Space Coast Appraisal is available for your FHA workWe assure you that Space Coast Appraisal is an FHA-certified appraisal provider in FL. Space Coast Appraisal is qualified and approved to do reports for FHA insured loans. A certain amount of the continuing training our staff at Space Coast Appraisal receives deals strictly with understanding the FHA's documentation and their rules and procedures. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is secured by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Available to all buyers, FHA loan programs are made to aid credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are extremely helpful to purchasers with less starting capital. |