Need an appraisal for an FHA-backed mortgage? Call Redmile Appraisals, Inc.
We assure you that Redmile Appraisals, Inc. is an FHA-approved appraisal firm in Florida.
If you have an FHA-insured loan, be sure to contact Redmile Appraisals, Inc., as we are approved and qualified to handle FHA reports.
FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Redmile Appraisals, Inc. is well-trained on how to comply with the rules and regulations provided.
||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 financial transaction is an FHA-insured loan, it means it is underwritten by them.
The lending company provides all the loaned money - the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan.
Available to all purchasers, FHA loan programs are built to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Remember, the FHA differs from the VA appraiser panel in that the lending organization can pick the appraisal company.
Down payments are often lower with an FHA loan despite using conventional market rates.
The loan programs that the Federal Housing Administration provides are lifesavers to consumers with minimal starting income.