Premier Appraisal is available for your FHA mortgages

Premier Appraisal is FL state certified and on the FHA Roster of approved residential appraisers. This indicates that we are qualified and approved by the FHA to do appraisals for home loans underwritten by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Premier Appraisal is well-trained on how to follow the rules and regulations provided.

If your loan is FHA insured, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with protection with mortgage insurance in case the borrower does not pay his or her financial obligations. The FHA and their loan programs are designed to assist low-to-moderate income homebuyers help meet credit expectations if they otherwise would not.

Typically, a buyer has to pay less of a down payment on an FHA-insured loan, while the rates remain standard market rates. The loan programs that the FHA provides are exceedingly beneficial to buyers with less starting income.