Appraisal Services of South Florida is approved for FHA loansWe confidently state that Appraisal Services of South Florida is an FHA-approved appraisal service in FL. This means that we are certified and approved by the FHA to do reports for house loans insured by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Appraisal Services of South Florida is well-trained on how to follow the rules and regulations provided. If you need an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. An FHA loan is backed by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is ensure that the mortgage is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to aid low-to-moderate income homebuyers help meet credit expectations if they otherwise would not. Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the Federal Housing Administration offers are exceedingly useful to consumers with less starting income. |