Need an appraisal for an FHA-backed mortgage? Call A Appraiser

Rest assured that A Appraiser is an FHA-approved appraisal company in FL. This indicates that we are qualified and approved by the FHA to do reports for property loans backed by them. Part of the periodic training our staff at A Appraiser completes deals precisely with decoding the FHA's documentation and their rules and procedures.

An FHA loan is secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lenders with safety with mortgage insurance in case the borrower defaults on his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured loan; the point of the Federal Housing Administration is to aid credit-worthy buyers to meet expectations and requirements for lending organizations that they otherwise would not.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the Federal Housing Administration offers are excessively beneficial to buyers with less starting capital.