Source Valuations, LLCSource Valuations, LLC is FL state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisals for FHA secured loans. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Source Valuations, LLC is well-trained on how to work in accordance with the rules and regulations provided. If you're in need of an appraisal 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 backed by them. The FHA does not loan funds to borrowers, rather, it provides lenders with security by offering mortgage insurance in case the borrower defaults on his or her loan obligations. Available to all consumers, FHA loan programs are designed to help credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA offers are excessively beneficial to consumers with less starting income. |