Need an appraisal for an FHA-backed mortgage? Call Appraisal Services of Brandon, Inc .

The FHA publishes a list of approved appraisers for each state - Appraisal Services of Brandon, Inc . is on the roster of approved appraisers for FL. If you have an FHA-mortgage, be sure to hire Appraisal Services of Brandon, Inc ., as we are approved and certified to handle FHA appraisals. A certain amount of the ongoing training our staff at Appraisal Services of Brandon, Inc . receives deals strictly with comprehending the FHA's documentation and their rules and procedures.

An FHA loan is backed by the Federal Housing Administration, a federal agency within the U.S. Department of Housing and Urban Development (HUD). The FHA does not loan money to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower defaults on his or her financial obligations. The FHA and their loan programs are built to help low-to-moderate income consumers help meet credit requirements 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 extremely helpful to those homebuyers with less available starting capital.