We assure you that Sunbelt Appraisals, Inc is an FHA-approved appraisal firm in Florida.
If you have an FHA-insured loan, be sure to contact Sunbelt Appraisals, Inc, as we are approved and qualified to produce FHA appraisal reports.
We're trained and understand the rules and procedures in FHA's guidance and policy documents.
An FHA loan is insured by the Federal Housing Administration, a federal organization that is a part of 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 defaults on his or her loan obligations.
Accessible to all homebuyers, FHA loan programs are built to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Remember that the lending organization approving a loan associated with the Federal Housing Administration is authorized to select which appraisers they work with, different from VA appraisal panel.
The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans.
Consumers with lower incomes or less starting funds to use as a down-payment on a loan benefit the most from FHA loan programs.
