Need an appraisal for an FHA-backed mortgage? Call Hammond Bowerman & Associates, Inc.Hammond Bowerman & Associates, Inc. is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured loan, be sure to get with Hammond Bowerman & Associates, Inc., as we are approved and certified to perform FHA reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Hammond Bowerman & Associates, Inc. is well-trained on how to follow the rules and regulations provided. Be sure to contact Hammond Bowerman & Associates, Inc. if you need an appraisal done for an FHA-secured loan. If your house loan is FHA approved, that means that the loan has been guaranteed by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The lender provides all the finances; the FHA simply backs the transaction through mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy consumers to meet expectations and necessities for lending agencies that they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly useful to those buyers with less accessible starting capital. |