Harris Appraisals LLC is available for your FHA appraisalsHarris Appraisals LLC is AL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to get with Harris Appraisals LLC, as we are approved and qualified to perform FHA appraisals. Part of the continuing training our staff at Harris Appraisals LLC undergoes deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact Harris Appraisals LLC if you need an appraisal done for an FHA-secured loan. 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). None of the money in the loan is provided by the FHA; what the FHA does is make sure that the mortgage is secure in case the borrower defaults on his or her loan obligations. Low-income and moderate-income borrowers benefit from an FHA-insured loan; the purpose of the Federal Housing Administration is to help credit-worthy buyers to meet expectations and necessities for lending agencies that they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration provides are exceedingly beneficial to consumers with less starting capital. |