Need an appraisal for an FHA-backed mortgage? Call Andrew SkinnerThe FHA publishes a list of approved appraisers for each state - Andrew Skinner is on the roster of approved appraisers for FL. We're certified and approved to do appraisal reports for FHA secured loans. We're trained and understand the rules and procedures in FHA's guidance and policy documents. Be sure to contact Andrew Skinner if you need an appraisal done for an FHA-secured loan. The FHA is the Federal Housing Administration, which is a federal agency in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-insured loan, it means it is secured by them. None of the funds are provided by the FHA; what the FHA does is make sure that the loan is secure in case the borrower doesn't pay their loan. The FHA and their loan programs are designed to benefit low-to-moderate income purchasers help meet credit requirements 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. Those with lesser income or less starting funds to use as a down-payment on a mortgage benefit the most from Federal Housing Administration loan programs. |