New Century Appraising is your FHA certified appraisal companyNew Century Appraising is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to contact New Century Appraising, as we are approved and certified to handle FHA appraisals. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at New Century Appraising is well-trained on how to work in accordance with the rules and regulations provided. Be sure to contact New Century Appraising if you need an appraisal done for an FHA-secured loan. An FHA loan is secured by the Federal Housing Administration, a federal organization that is a part of the U.S. Department of Housing and Urban Development (HUD). The lender takes care of all the finances; the FHA simply insures the transaction through mortgage insurance in case the borrower defaults on his or her loan. Accessible to all buyers, FHA loan programs are formed to help credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly beneficial to those purchasers with less available cash. |