Need an appraisal for an FHA-backed mortgage? Call Scott GregoryThe FHA maintains of approved appraisers for each state - Scott Gregory is on the roster of approved appraisers for FL. We're certified and approved to do appraisal reports for FHA insured financial transactions. A portion of the periodic training our staff at Scott Gregory undergoes deals strictly with decoding the FHA's documentation and their rules and procedures. If you're in need of an appraisal for an FHA loan, please contact us, and we'll be able to help you right away. 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-insured loan, it means it is insured by them. The lender provides all the finances; the FHA simply insures the transaction with mortgage insurance in case the borrower defaults on his or her loan. The FHA and their loan programs are formed to aid low-to-moderate income consumers help meet credit expectations if they otherwise would not. The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. Purchasers with lower income or less starting funds to use as a down-payment on a loan are helped the most from Federal Housing Administration loan programs. |