Need an appraisal for an FHA-backed mortgage? Call Ouday AbusamenOuday Abusamen is FL state certified and on the FHA Roster of approved residential appraisers. We're qualified and approved to do appraisal reports for FHA secured financial transactions. A certain amount of the periodic training our staff at Ouday Abusamen undergoes deals strictly with comprehending the FHA's documentation and their rules and procedures. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is insured 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 money in the loan; the FHA simply backs the transaction with mortgage insurance in case the borrower does not pay off his or her loan. The FHA and their loan programs are formed to benefit low-to-moderate income purchasers help meet credit requirements if they otherwise would not. Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. FHA loan programs are extremely beneficial to those homebuyers with less accumulated cash. |