Beach Appraisals, Inc.

The FHA publishes a list of approved appraisers for each state - Beach Appraisals, Inc. is on the roster of approved appraisers for FL. This means that we are qualified and approved by the FHA to do appraisal reports for property loans backed by them. FHA's guidelines, documentation and policies may seem difficult to comprehend, but the staff at Beach Appraisals, Inc. is well-trained on how to follow the rules and regulations provided.

Be sure to contact Beach Appraisals, Inc. if you need an appraisal done for an FHA-secured loan.

If your home loan is FHA approved, that means that the loan has been guaranteed by the FHA, which is part of the United States Department of Housing and Urban Development (HUD). The lending organization takes care of all the money in the loan; the FHA simply secures the loan with mortgage insurance in case the borrower does not pay off his or her loan. Low-income and moderate-income homebuyers benefit from an FHA-backed loan; the purpose of the Federal Housing Administration is to cooperate with credit-worthy potential buyers to meet expectations and necessities for lenders that 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. FHA loan programs are incredibly helpful to those homebuyers with less accumulated cash.