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Mid Florida Appraisers, Inc. is your FHA certified appraisal company

The FHA publishes a list of approved appraisers for each state - Mid Florida Appraisers, Inc. is on the roster of approved appraisers for Florida.  This indicates that we are certified and approved by the FHA to do reports for house loans underwritten by them. Part of the regular training our staff at Mid Florida Appraisers, Inc. undergoes deals strictly with understanding the FHA's documentation and their rules and procedures.

Be sure to contact Mid Florida Appraisers, Inc. if you need an appraisal done for an FHA-secured loan.

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 loan is an FHA loan, it means it is backed by them. The lending organization provides all the financing - the FHA simply secures the loan through mortgage insurance in case the borrower defaults on his or her loan. Low-income and moderate-income borrowers benefit the most from FHA-backed loan programs. The point of the Federal Housing Administration is to assist credit-worthy potential buyers get approved for mortgages that they otherwise would not. Remember that the lender working with the the FHA is allowed to choose which appraisers they will use, different from VA appraisal panel.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are particularly helpful to those consumers with less available funding.