ASAP Appraisal GroupThe FHA keeps a roster of approved appraisers for each state - ASAP Appraisal Group is on the roster of approved appraisers for FL. We are qualified and approved to do reports for FHA insured financial transactions. 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 property loan is FHA certified, that means that the loan has been secured by the Federal Housing Administration, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan capital to borrowers, rather, it provides lending organizations with safety by offering mortgage insurance in case the borrower defaults on his or her financial obligations. Applicable to all consumers, FHA loan programs are made to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. The loan programs that the FHA provides are excessively beneficial to buyers with less starting capital. |