Bay Shore Appraisal, Inc.Bay Shore Appraisal, Inc. is VA state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-insured mortgage, be sure to hire Bay Shore Appraisal, Inc., as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to grasp, but the staff at Bay Shore Appraisal, Inc. is well-trained on how to comply with the rules and regulations provided. Be sure to contact Bay Shore Appraisal, Inc. if you need an appraisal done for an FHA-secured loan. If your financial transaction is FHA approved, that means that it has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The lending organization provides 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 built to help low-to-moderate income purchasers help meet credit qualifications 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. The loan programs that the Federal Housing Administration offers are incredibly useful to consumers with less starting capital. |