The FHA maintains the rolls of approved appraisers for each state - Appraiser Realty Institute is on the roster of approved appraisers for Florida.
If you have an FHA-loan, be sure to call Appraiser Realty Institute, 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.
The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD); if your financial transaction is an FHA loan, it means it is secured by them.
The FHA does not provide funds to borrowers. Rather, it provides lending agencies with protection by offering mortgage insurance in case the borrower defaults on his or her financial obligations.
The FHA and their loan programs are built to assist low-to-moderate income buyers by easing credit expectations.
Unlike the VA appraiser panel, the lender working with FHA actually has the ability to select the appraiser.
Down payments are often lower with an FHA loan despite using conventional market rates.
The loan programs that the FHA provides are lifesavers to buyers with less starting capital.
