Need an appraisal for an FHA-backed mortgage? Call SAVVY Realty & Appraisals

The FHA publishes a list of approved appraisers for each state - SAVVY Realty & Appraisals is on the roster of approved appraisers for FL. If you have an FHA-insured loan, be sure to get with SAVVY Realty & Appraisals, as we are approved and certified to produce FHA appraisal reports. Part of the ongoing training our staff at SAVVY Realty & Appraisals undergoes deals precisely with decoding the FHA's documentation and their rules and procedures.

If your financial transaction is FHA insured, that means that it has been secured by the FHA, which is a branch of the United States Department of Housing and Urban Development (HUD). The FHA does not loan funds to borrowers, rather, it provides lending agencies with safety with mortgage insurance in case the borrower defaults on his or her financial obligations. Accessible to all consumers, FHA loan programs are built to aid credit-worthy low-income and moderate-income families who do not meet requirements for conventional loans.

The rates on FHA loans are generally market rates, while down payment requirements are lower than for conventional loans. FHA loan programs are incredibly helpful to those homebuyers with less accumulated cash.