Need an appraisal for an FHA-backed mortgage? Call Elite Appraisal, Inc.

The FHA keeps a list of approved appraisers for each state - Elite Appraisal, Inc. is on the roster of approved appraisers for Florida.  If you have an FHA-insured mortgage, be sure to contact Elite Appraisal, Inc., as we are approved and qualified to perform FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Elite Appraisal, Inc. is well-trained on how to comply with the rules and regulations provided.

If you need an appraisal report for an FHA loan, please contact us, and we'll be able to help you right away.

If your house loan is FHA certified, that means that it has been guaranteed by the FHA, which is underneath the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers. Rather, it provides lending agencies with protection through mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are created to benefit low-to-moderate income homebuyers by easing credit requirements. Different from the VA appraiser panel, the lending organization working with Federal Housing Administration has the freedom to pick the appraiser.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA offers are invaluable to consumers with less starting capital.