Appraisal Elite Inc. is ready for your FHA backed loans

Appraisal Elite Inc. 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 appraisal reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to understand, but the staff at Appraisal Elite Inc. is well-trained on how to comply with the rules and regulations provided.

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

If your financial transaction is FHA certified, that means that the loan has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). None of the funds are provided by the FHA; what the FHA does is make sure that the loan is taken care of in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to assist low-to-moderate income buyers help meet credit requirements if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. The loan programs that the FHA provides are exceedingly useful to buyers with less starting income.