Rancier Appraisal Group is your FHA certified appraisal companyRest assured that Rancier Appraisal Group is an FHA-approved appraisal firm in PR. This means that we are certified and approved by the FHA to do appraisal reports for property loans insured by them. A portion of the periodic training our staff at Rancier Appraisal Group completes deals exclusively with understanding the FHA's documentation and their rules and procedures. Be sure to contact Rancier Appraisal Group if you need an appraisal done for an FHA-secured loan. 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-secured loan, it means it is secured by them. The lending organization provides all the finances; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are built to aid low-to-moderate income homebuyers help meet credit requirements if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are acutely useful to buyers with less starting income. |