is Florida state certified and on the FHA Roster of approved residential appraisers.
If you have an FHA-secured loan, be sure to get with Sunbelt Appraisals, Inc, as we are approved and certified to produce FHA appraisals.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
If your loan is FHA insured, that means that it has been secured by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD).
The FHA does not loan capital to borrowers. Rather, it provides lending organizations with protection through mortgage insurance in case the borrower does not pay his or her loan obligations.
The FHA and their loan programs are created to help low-to-moderate income homebuyers by easing credit expectations.
Remember that the lending organization approving a loan associated with the Federal Housing Administration is able to choose their appraisers, unlike the VA appraisal panel.
Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates.
FHA loan programs are extremely helpful to those consumers with less accessible starting capital.
