JCC and Associates, LLC. is your FHA certified appraisal companyRest assured that JCC and Associates, LLC. is an FHA-certified appraisal company in PR. If you have an FHA-secured loan, be sure to hire JCC and Associates, LLC., as we are approved and certified to produce FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at JCC and Associates, LLC. is well-trained on how to comply with the rules and regulations provided. Be sure to contact JCC and Associates, LLC. if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your loan is an FHA-secured loan, it means it is backed by them. The lending organization takes care of all the loaned money; the FHA simply secures the transaction with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to assist credit-worthy consumers to meet expectations and requirements for lending organizations that 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. |