Need an appraisal for an FHA-backed mortgage? Call Jax Appraisal, LLC.Jax Appraisal, LLC. is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-secured mortgage, be sure to get with Jax Appraisal, LLC. , as we are approved and certified to perform FHA appraisals. A certain amount of the regular training our staff at Jax Appraisal, LLC. 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 underwritten by the Federal Housing Administration, a federal agency that is a part of the U.S. Department of Housing and Urban Development (HUD). The lending company provides all the money in the loan; the FHA simply backs the transaction by providing mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the purpose of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and necessities for lenders that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are extremely helpful to those homebuyers with less accumulated cash. |