Beach Appraisals, Inc. is approved for FHA loans

Beach Appraisals, Inc. is FL state certified and on the FHA Roster of approved residential appraisers. If you have an FHA-mortgage, be sure to get with Beach Appraisals, Inc., as we are approved and qualified to handle FHA appraisal reports. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Beach Appraisals, Inc. is well-trained on how to comply with the rules and regulations provided.

The FHA is the Federal Housing Administration, which is a federal organization in the United States Department of Housing and Urban Development (HUD) - if your financial transaction is an FHA-secured loan, it means it is insured by them. The FHA does not loan capital to borrowers, rather, it provides lending organizations with protection by offering mortgage insurance in case the borrower defaults on his or her loan obligations. The FHA and their loan programs are formed to benefit low-to-moderate income purchasers help meet credit qualifications if they otherwise would not.

Down payments are often lower with an FHA loan despite using conventional market rates. FHA loan programs are particularly beneficial to those purchasers with less available cash.