BLS Appraisals, LLC
Rest assured that BLS Appraisals, LLC is an FHA-approved appraisal firm in South Carolina.
We are certified and approved to do appraisal reports for FHA insured loans.
FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at BLS Appraisals, LLC is well-trained on how to work in accordance with the rules and regulations provided.
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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. |
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If your financial transaction is FHA certified, 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).
None of the money in the loan is provided by the FHA. What the FHA does is make sure that the loan is secure in case the borrower doesn't pay their loan.
Low-income and moderate-income borrowers benefit the most from FHA-insured loan programs. The purpose of the Federal Housing Administration is to aid credit-worthy buyers get approved for mortgages that they otherwise would not.
Remember, the FHA differs from the VA appraiser panel in that the lender can choose the appraisal company.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Purchasers with lower incomes or less starting capital to use as a down-payment on a financial transaction benefit the most from Federal Housing Administration loan programs.
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