Appraising Greater Orlando, Inc. can do FHA mortgages
The FHA publishes a list of approved appraisers for each state - Appraising Greater Orlando, Inc. is on the roster of approved appraisers for FL. We're qualified and approved to do appraisal reports for FHA secured loans. Part of the ongoing training our staff at Appraising Greater Orlando, Inc. undergoes deals strictly with decoding the FHA's documentation and their rules and procedures.
Contact us today if you need to get an appraisal done on an FHA-insured loan.
An FHA loan is underwritten by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending organizations with safety with mortgage insurance in case the borrower does not pay his or her loan obligations. Low-income and moderate-income homebuyers benefit from an FHA-secured financial transaction; the point of the Federal Housing Administration is to help credit-worthy potential buyers to meet expectations and necessities 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. Purchasers with lesser income or less starting capital to put down on a financial transaction are helped the most from Federal Housing Administration loan programs.
Need An FHA Appraisal?
Our appraisers are FHA Approved. Please leave your contact information and we will respond.