Need an appraisal for an FHA-backed mortgage? Call MFC Home Appraisals IncThe FHA publishes a list of approved appraisers for each state - MFC Home Appraisals Inc is on the roster of approved appraisers for FL. If you have an FHA-secured mortgage, be sure to hire MFC Home Appraisals Inc, as we are approved and qualified to handle FHA appraisals. A portion of the regular training our staff at MFC Home Appraisals Inc completes deals exclusively with comprehending 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 insured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations 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 formed to assist 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 helpful to those purchasers with less accumulated funding. |