Appraiser Select, LLCAppraiser Select, LLC is FL state certified and on the FHA Roster of approved residential appraisers. This indicates that we are certified and approved by the FHA to do appraisals for home loans underwritten by them. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Contact us today if you need to get an appraisal done on an FHA-insured loan. An FHA loan is underwritten 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 provide funds to borrowers, rather, it provides lending agencies with safety through mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are designed to benefit 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. FHA loan programs are incredibly helpful to those buyers with less accessible funding. |