Legacy Reports, LLC is your FHA certified appraisal companyLegacy Reports, LLC is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to get with Legacy Reports, LLC, as we are approved and qualified to handle FHA appraisals. A portion of the regular training our staff at Legacy Reports, LLC receives deals precisely with understanding the FHA's documentation and their rules and procedures. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA loan, it means it is backed by them. The FHA does not loan money to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are formed to benefit low-to-moderate income buyers help meet credit qualifications if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are extremely beneficial to those buyers with less accumulated cash. |