Need an appraisal for an FHA-backed mortgage? Call Heights AppraisalsRest assured that Heights Appraisals is an FHA-certified appraisal company in FL. If you have an FHA-loan, be sure to call Heights Appraisals, as we are approved and certified to handle FHA reports. A certain amount of the regular training our staff at Heights Appraisals receives deals exclusively with understanding the FHA's documentation and their rules and procedures. If you're in need of an report for an FHA loan, please contact us, and we'll be able to help you right away. If your loan is FHA insured, that means that the loan has been guaranteed by the Federal Housing Administration, which is part of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety by offering mortgage insurance 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 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 Federal Housing Administration provides are excessively beneficial to purchasers with less starting capital. |