Need an appraisal for an FHA-backed mortgage? Call Real Property Metrics
The FHA maintains of approved appraisers for each state - Real Property Metrics is on the roster of approved appraisers for FL. If you have an FHA-insured mortgage, be sure to call Real Property Metrics, as we are approved and certified to handle FHA appraisal reports. 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 secured by the Federal Housing Administration, a federal organization within the U.S. Department of Housing and Urban Development (HUD). No part of the loan is provided by the FHA; what the FHA does is make sure that the mortgage is paid for in case the borrower defaults on his or her loan obligations. Applicable to all homebuyers, FHA loan programs are designed to assist credit-worthy low-income and moderate-income families who do not have the qualifications for conventional loans.
Down payments are often lower with an FHA loan despite using conventional market rates. Those with lesser income or less starting money to put down on a loan benefit the most from Federal Housing Administration loan programs.