is Florida state certified and on the FHA Roster of approved residential appraisers.
This indicates that we are qualified and approved by the FHA to do reports for property loans backed by them.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
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 financial transaction is an FHA-secured loan, it means it is insured by them.
None of the funds are provided by the FHA. What the FHA does is ensure that the loan is paid for in case the borrower doesn't pay their loan.
Low-income and moderate-income consumers benefit the most from FHA-insured loan programs. The purpose of the Federal Housing Administration is to help credit-worthy families and individuals get approved for mortgages that they otherwise would not.
Unlike the VA appraiser panel, the lending organization working with Federal Housing Administration is allowed to choose the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
FHA loan programs are particularly helpful to those consumers with less available funding.
