Real Estate & Appraisal Services is your FHA certified appraisal companyThe FHA retains of approved appraisers for each state - Real Estate & Appraisal Services is on the roster of approved appraisers for FL. If you have an FHA-secured mortgage, be sure to call Real Estate & Appraisal Services, as we are approved and certified to produce FHA reports. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. If your home loan is FHA certified, that means that the loan has been guaranteed by the Federal Housing Administration, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with security through mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are created to aid low-to-moderate income buyers help meet credit requirements if 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 extremely beneficial to consumers with less starting income. |